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This paper studies the interaction between two dynamic domains, (1) an evolutionary biological system ('the environment') whose behaviour determines the availability of a resource stock, and (2) an industry where access to the resource stock is determined by the outcome of a patent race. The...
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Endangered species are in predator/prey, mutualistic, competitive, or other types of relationships with many other species that share their habitat. Understanding these ecological relationships is an important part of designing endangered species policies. We employ a general equilibrium model...
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