On the Optimal Taxation of Common-Pool Resources
Georgios Kossioris,
Michael Plexousakis,
Anastasios Xepapadeas and
Aart de Zeeuw
Additional contact information
Georgios Kossioris: Department of Mathematics, University of Crete
Michael Plexousakis: Department of Applied Mathematics, University of Crete
No 2010.101, Working Papers from Fondazione Eni Enrico Mattei
Abstract:
Recent research developments in common-pool resource models emphasize the importance of links with ecological systems and the presence of non-linearities, thresholds and multiple steady states. In a recent paper Kossioris et al. (2008) develop a methodology for deriving feedback Nash equilibria for non-linear differential games and apply this methodology to a common-pool resource model of a lake where pollution corresponds to benefits and at the same time affects the ecosystem services. This paper studies the structure of optimal state- dependent taxes that steer the combined economic-ecological system towards the trajectory of optimal management, and provides an algorithm for calculating such taxes.
Keywords: Differential Games; non-linear Feedback Nash Equilibria; Ecosystems; Optimal State-dependent Tax (search for similar items in EconPapers)
JEL-codes: C61 C73 Q25 (search for similar items in EconPapers)
Date: 2010-09
New Economics Papers: this item is included in nep-env, nep-pbe, nep-pub and nep-res
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
https://feem-media.s3.eu-central-1.amazonaws.com/w ... oads/NDL2010-101.pdf (application/pdf)
Related works:
Journal Article: On the optimal taxation of common-pool resources (2011)
Working Paper: On the Optimal Taxation of Common-Pool Resources (2010)
Working Paper: On the Optimal Taxation of Common-Pool Resources (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2010.101
Access Statistics for this paper
More papers in Working Papers from Fondazione Eni Enrico Mattei Contact information at EDIRC.
Bibliographic data for series maintained by Alberto Prina Cerai ().