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Title: Resource Extraction under Heterogeneous Growth in Demand
Authors: Masoudi, Nahid
Santugini, Marc
Keywords: Common-pool Resource
Dynamic Games
Heterogenous Growth
Strategic Extraction
Tragedy of the commons
Issue Date: 2014-08
Series/Report no.: Cahiers du CIRPÉE;14-22
Abstract: We study the effect of heterogeneous growth in demand on resource extraction. Using the Great Fish War framework of Levhari and Mirman (1980), we show that heterogeneity in demand growth has a profound effect on both cooperative and non-cooperative solutions.
Appears in Collections:Cahiers de recherche du CIRPÉE

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