Groundwater extraction among overlapping generations: a differential game approach

DOI10.1007/s10203-020-00292-wzbMath1465.91070OpenAlexW3041213892MaRDI QIDQ2026524

Lucia Maddalena, Giovanni Villani, Marta Biancardi

Publication date: 19 May 2021

Published in: Decisions in Economics and Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10203-020-00292-w

zbMATH Keywords

differential gamesoverlapping generationresource extractionfeedback Nash equilibrium

Mathematics Subject Classification ID

Differential games (aspects of game theory) (91A23) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (4)

Groundwater exploitation and illegal behaviors in a differential game ⋮ Groundwater management and illegality in a differential-evolutionary framework ⋮ Water taxes and fines imposed on legal and illegal firms exploiting groudwater ⋮ Inter-temporal decisions, optimal taxation and non-compliant behaviors in groundwater management

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• Stochastic differential game model of a common property fishery
• On the Economics of International Fisheries
• Competitive versus efficient extraction of a common property resource: The groundwater case

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