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We consider a model of non-renewable resource extraction where players do not know their opponents’ utility functions and form conjectures on the behavior of others. Two forms of beliefs are introduced, one based on the state of the resource, the other on this state and on the...
Persistent link: https://www.econbiz.de/10011198499
In this paper, we focus on resource conservation in a model of decentralized management of groundwater and rainwater. We show that a conservation policy may have opposite effects on the level of the resource, depending on the outcome of the decentralized management. More precisely, we consider...
Persistent link: https://www.econbiz.de/10011198500
We consider a dynamic model of non-renewable resource extraction under the assumption that players do not know their opponents' utility functions.[...]
Persistent link: https://www.econbiz.de/10008556276
Dans cet article, nous comparons les propriétés de deux systèmes de tarification de l’eau d’irrigation en s’inspirant de systèmes de gestion employés par des Compagnies de gestion d’eau en France, la Compagnie d'Aménagement des Coteaux de Gascogne (CACG) d'une part et la Compagnie...
Persistent link: https://www.econbiz.de/10008642582
In this paper, we combine a matching model derived from Pissarides (2000) in the case of large firms with monopolistic competition on the product market and the model of intrafirm bargaining à la Stole and Zwiebel (1996). Moreover, we allow for increasing returns to scale in the aggregate...
Persistent link: https://www.econbiz.de/10008861008