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This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in a complex social network and are subject to social pressure if they do not comply with the social norms. Social pressure depends on the dynamics of the resource, the network...
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This paper considers the problem of allocating shares of irrigation water to different agricultural agents with single-peaked preferences with respect to their own shares. We define two different sequential allocation rules that respect the asymmetry between the agents and maintain the...
Persistent link: https://www.econbiz.de/10005206594
In this paper the determination of an optimal Pigouvian tax for a competitive firm when a negative production externality is present concurrent with the development of land for production purposes is analyzed within a dynamic framework. Conditions are established for a convex social net return...
Persistent link: https://www.econbiz.de/10009392268
A dynamic economic model of soil erosion is presented where the intensity of use of inputs and the choice of crops allow the farmer to control soil losses. The results show that it is predominately optimal to approach the singular-path/steady-state equilibrium most rapidly by the cultivation of...
Persistent link: https://www.econbiz.de/10009398060
This paper analyzes to which extent dynamic optimization methods widen the range for addressing environmental and resource economic problems and improve the quality of environmental and resource economic policy recommendations. Moreover new fields for the application of these methods in...
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