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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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Main Authors: | , |
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Formato: | Artigo |
Idioma: | Inglês |
Publicado em: |
MDPI AG
2020-10-01
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Colecção: | Mathematics |
Assuntos: | |
Acesso em linha: | https://www.mdpi.com/2227-7390/8/10/1682 |
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