Showing 1 - 6 of 6
This paper revisits the tragedy of the commons when agents have different capabilities in both production and encroachment activities, and can allocate their time between them. Under fairly general assumptions on production and encroachment technologies, an individual's expected income is convex...
Persistent link: https://www.econbiz.de/10011608842
Persistent link: https://www.econbiz.de/10011520477
Persistent link: https://www.econbiz.de/10011891759
Persistent link: https://www.econbiz.de/10001711887
Persistent link: https://www.econbiz.de/10001659313
This paper revisits the tragedy of the commons when agents have different capabilities in both production and encroachment activities, and can allocate their time between them. Under fairly general assumptions on production and encroachment technologies, an individual's expected income is convex...
Persistent link: https://www.econbiz.de/10014123382