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This chapter documents a multi-disciplinary collaboration among a mathematical economist, an ecological economist, and a systems scientist to demonstrate the contributions of system dynamics (SD) to the advancement of dynamic modeling in ecological economics. Ecological economics is a...
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Economic theories of managing renewable resources, such as fisheries and forestry, traditionally assume that individual …
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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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