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Optimal Tariffs on Exhaustible Resources : The Case of a Quantity Setting Cartel

Fujiwara, Kenji - 2013

We formulate a dynamic game model of trade in an exhaustible resource with a quantity-setting cartel. We compute the … importing country, and leadership by the exporting cartel. We numerically show that as compared to the Nash equilibrium, both … players are better off if the importing country is the leader. The follower is worse off if the exporting cartel is the leader …

Persistent link: https://www.econbiz.de/10013091687

Optimal Tariffs on Exhaustible Resources : The Case of Quantity Setting

Fujiwara, Kenji - 2012

Constructing a dynamic game model of trade of an exhaustible resource, this paper compares feedback Nash and Stackelberg equilibria when the exporting country sets quantity rather than price. We consider two different leadership scenarios: leadership by the importing country, and leadership by...

Persistent link: https://www.econbiz.de/10013111229

Optimal tariffs on exhaustible resources: The case of a quantity setting cartel

Fujiwara, Kenji; Long, Ngo Van - 2012

Persistent link: https://www.econbiz.de/10010280841

Optimal Tariffs on Exhaustible Resources: The Case of a Quantity Setting Cartel

Fujiwara, Kenji; Long, Ngo Van - CESifo - 2012

Persistent link: https://www.econbiz.de/10009645651

Optimal Tariffs on Exhaustible Resources : The Case of Quantity Setting

Fujiwara, Kenji; Long, Ngo Van - Centre Interuniversitaire de Recherche en Analyse des … - 2012

Persistent link: https://www.econbiz.de/10009652127

Welfare Implications of Leadership in a Resource Market Under Bilateral Monopoly

Fujiwara, Kenji; Long, Ngo Van - Centre Interuniversitaire de Recherche en Analyse des … - 2010

Does a country strictly gain if it acts as a leader in a resource market under bilateral monopoly? Using differential games, we show that the answer is "yes"" when leadership can be exercised globally (global Stackelberg leadership), but possibly ""no"" when it is exercised only at each stage...

Persistent link: https://www.econbiz.de/10008552855

Welfare Implications of Leadership in a Resource Market Under Bilateral Monopoly

Fujiwara, Kenji; Long, Ngo Van - 2010

Does a country strictly gain if it acts as a leader in a resource market under bilateral monopoly? Using differential games, we show that the answer is "yes" when leadership can be exercised globally (global Stackelberg leadership), but possibly "no" when it is exercised only at each stage...

Persistent link: https://www.econbiz.de/10014194992

Information Structure and the Tragedy of the Commons in Resource Extraction

Amir, Rabah - 2007

This paper considers the well-known Levhari-Mirman model of resource extraction, and investigates the effects of the information structure of the dynamic game - open-loop, Markovian or history-dependent - on the equilibrium consumption path and the overall utility of the agents. The open-loop...

Persistent link: https://www.econbiz.de/10012730644

Trade and trees : how trade agreements can motivate conservation instead of depletion

Harstad, Bård - 2020

Free trade often leads to resource depletion, such as deforestation in the tropics. This paper first presents a dynamic model whereby the South (S) depletes to export the extracted units (lumber) or the produce (beef) from land available after depletion. Because of the damages, the North...

Persistent link: https://www.econbiz.de/10012289003

Open Innovation in a dynamic cournot duopoly

Hasnas, Irina; Lambertini, Luca; Palestini, Arsen - 2013

In recent years Open Innovation (OI) processes have been receiving growing attention from the empirical and theoretical economic literature, where a debate is taking place on the aspects of complementarity or substitutability between internal R&D and OI spillover. By means of a differential game...

Persistent link: https://www.econbiz.de/10010191378