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We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and compare the feedback non-cooperative emissions strategies of players when the players do not know the distribution of ecological uncertainty but they gain information (learn)...
Persistent link: https://www.econbiz.de/10011120284
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.
Persistent link: https://www.econbiz.de/10010886742
In this paper we develop a model to analyze, in a dynamic framework, how countries join international environmental agreements (IEAs). In the model, where countries suffer from the same environmental damage as a result of the total global emissions, a non-signatory country decides its emissions...
Persistent link: https://www.econbiz.de/10005423118
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This note deals with time-consistency and agreeability, two dynamic individual rationality concepts, in special linear-quadratic differential games. Conditions ensuring their satisfaction are derived and a link between sustainability of cooperation and fair sharing of cooperation surplus is...
Persistent link: https://www.econbiz.de/10004977747
The paper surveys the literature on cooperative advertising in marketing channels (supply chains) using game theoretic methods. During the last decade, in particular, this literature has expanded considerably and has studied static as well as dynamic settings. The survey is divided into two main...
Persistent link: https://www.econbiz.de/10011097856
We investigate the dynamic effect that the Tandroy's unsustainable practices have on the forest. The Tandroy people live in Androy, a region located in the southern part of Madagascar. They are mainly an agricultural and cattle herding society whose subsistence relies on the slash-and-burn...
Persistent link: https://www.econbiz.de/10010799302
In this paper, we consider a duopoly competing on quantity, where firms can invest in R&D to control their emissions. We distinguish between efforts carried out to acquire first-hand knowledge (inventive R&D) and efforts made to develop an absorptive capacity to be able to capture part of the...
Persistent link: https://www.econbiz.de/10010764481
We investigate the dynamic effect that the Tandroy's unsustainable practices have on the forest. The Tandroy people live in Androy, a region located in the southern part of Madagascar. They are mainly an agricultural and cattle herding society whose subsistence relies on the slash-and-burn...
Persistent link: https://www.econbiz.de/10010785067