On shared use of renewable stocks

Nils-Arne Ekerhovd, Sjur Didrik Flåm and Stein Ivar Steinshamn

European Journal of Operational Research, 2021, vol. 290, issue 3, 1125-1135

Abstract: Considered here is multi-party exploitation of common property, renewable resources. The parties play various dynamic games differing in degree of cooperation and commitment. Comparisons of steady states clarify issues on collective choice and individual welfare.

Keywords: OR in natural resources; Efficiency; Dynamic games; Steady states (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:290:y:2021:i:3:p:1125-1135

DOI: 10.1016/j.ejor.2020.08.052

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