Appropriation of Common Access Natural Resources Through Exploration: The Relevance of the Open-Loop Concept

DOI10.2307/2526668zbMath0642.90026OpenAlexW2046544699MaRDI QIDQ3783799

Ernst Mohr

Publication date: 1988

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2526668

zbMATH Keywords

open-loop equilibriumcommon property issuesconsistency rule

Mathematics Subject Classification ID

Differential games (aspects of game theory) (91A23) Economic growth models (91B62) Other game-theoretic models (91A40) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

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The envelope theorem for locally differentiable Nash equilibria of finite horizon differential games ⋮ EXPLORATION FOR NONRENEWABLE RESOURCES IN A DYNAMIC OLIGOPOLY: AN ARROVIAN RESULT

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