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We study the dynamics of the exploitation of a natural resource, distributed in space and mobile, where spatial diversification is introduced by a network structure. Players are assigned to different nodes by a regulator, after he/she decides at which nodes natural reserves are established....
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This study examines the dynamics of the exploitation of a natural resource distributed among and flowing between several nodes connected via a weighted, directed network. The network represents the locations and interactions of the resource nodes. A regulator decides to designate some of the...
Persistent link: https://www.econbiz.de/10014576712