Fujisaki, Masatoshi; Katayama, Seiichi; Ohta, Hiroshi - In: Review of Development Economics 11 (2007) 2, pp. 390-403
We consider a common resource economy in which agents exploit the common resource, and use it to produce goods and consume the goods produced. Also the agents can invest in private and productive capital. The resource extracted from the common resource is non-renewable and the common pool is...
