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Reallocating water is a politically sensitive issue in the western United States. Changes from agricultural uses to urban or environmental uses are occurring, but the process tends to polarize competing water users, thus creating barriers to reallocation. Other barriers are inherent in the...
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We consider optimal behavior in a class of spatial-dynamic economic problems related to a negative externality with stock effects, via the development of a dynamic, non-cooperative game. The feedback Nash equilibrium response functions are parameterized based on an invasive weed faced by western...
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