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The small-scale fishery sector in many Pacific islands is facing increasing challenges in relation to resource availability, economic opportunity, demographic and social pressure. In particular, intensifying cash-oriented livelihood strategies can exacerbate existing vulnerabilities and threaten...
Persistent link: https://www.econbiz.de/10010691462
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