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of game theory. Design/methodology/approach: Firstly, the static game model between the insurance company and the forest …
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This paper extends the Hartman model to include the case where two adjacent stands may be interdependent in the provision of amenity services. We show first that the relationship between the focal and exogenous rotation age depends on the nature of their temporal interdependence, i.e. on what...
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the subsequent government decide whether to exploit or conserve. This paper develops a theory of this situation and shows … dramatic returns on lobby contributions contingent on exploitation -- or on compensations contingent on conservation -- when …
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