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Strategic exploitation of a common-property resource under uncertainty

Antoniadou, Elena; Koulovatianos, Christos; Mirman, Leonard

Description

We construct a game of noncooperative common-resource exploitation which delivers analytical solutions for its symmetric Markov-perfect Nash equilibrium. We examine how introducing uncertainty to the natural law of resource reproduction affects strategic

CollectionsANU Research Publications
Date published: 2013
Type: Journal article
URI: http://hdl.handle.net/1885/74233
Source: Journal of Environmental Economics and Management
DOI: 10.1016/j.jeem.2012.05.005

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