Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10003557768
Persistent link: https://www.econbiz.de/10003659586
Persistent link: https://www.econbiz.de/10003359958
We model a dynamic common property resource game with unobservable actions and non-linear stock-dependent costs. We propose a strategy profile that generates a worst perfect equilibrium in the punishment phase, thereby supporting cooperation under the widest set of conditions. We show under what...
Persistent link: https://www.econbiz.de/10014182580
This paper delineates circumstances in which a first-best cooperative solution can be supported as a subgame perfect equilibrium in a dynamic common property renewable resource game. In a game with nonlinear resource stock effects on cost, we characterize a worst perfect equilibrium that...
Persistent link: https://www.econbiz.de/10014062680
Persistent link: https://www.econbiz.de/10001723610
Persistent link: https://www.econbiz.de/10001235233
Persistent link: https://www.econbiz.de/10001164411
Persistent link: https://www.econbiz.de/10003404825
Persistent link: https://www.econbiz.de/10003550239