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This paper examines a dynamic game of exploitation of a common pool of some renewable asset by agents that sell the result of their exploitation on an oligopolistic market. A Markov Perfect Nash Equilibrium of the game is used to analyze the effects of a merger of a subset of the agents. We...
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of the commons and the firms' market power. The optimal tax turns out to be independent on the resource stock in a …
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We revisit the debate on the optimal number of firms in the commons in a differential oligopoly game in which firms are …
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