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Exploitation of a Productive Asset in the Presence of Strategic Behavior and Pollution Externalities

We study the strategic behavior of firms competing in the exploitation of a common-access productive asset, in the presence of pollution externalities. We consider a differential game with two state variables (asset stock and pollution stock), and by using a piecewise-linear approximation of the non...

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Detalhes bibliográficos
Main Authors: N. Baris Vardar, Georges Zaccour
Formato: Artigo
Idioma:Inglês
Publicado em: MDPI AG 2020-10-01
Colecção:Mathematics
Assuntos:
Acesso em linha:https://www.mdpi.com/2227-7390/8/10/1682
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