Using a dynamic intergenerational game, this paper analyzes the effects of inequality among resource users and their access to outside markets and credit on cooperative use of a local commons. The study finds that, depending on the agents' harvest sharing rule, the conditions under which...

This paper studies countries' incentives to develop advanced pollution abatement technology when technology may spillover across countries and pollution abatement is a global public good. We are motivated in part by the problem of global warming: a solution to this involves providing a global...

This paper studies countries' incentives to develop advanced pollution abatement technologies when technology may spill over across countries, and pollution abatement is a global public good. First, we show that at the Nash equilibrium of a simultaneous-move game with R&D investment and emission...