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Policy effectiveness in spatial resource wars: A two-region model

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  • Fabbri, Giorgio
  • Faggian, Silvia
  • Freni, Giuseppe

Abstract

We develop a spatial resource model in continuous time in which two agents strategically exploit a mobile resource in a two-region setup.

Suggested Citation

  • Fabbri, Giorgio & Faggian, Silvia & Freni, Giuseppe, 2020. "Policy effectiveness in spatial resource wars: A two-region model," Journal of Economic Dynamics and Control, Elsevier, vol. 111(C).
    • Handle: RePEc:eee:dyncon:v:111:y:2020:i:c:s0165188919302131
    DOI: 10.1016/j.jedc.2019.103818
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    Cited by:

    1. Giorgio Fabbri & Silvia Faggian & Giuseppe Freni, 2022. "On competition for spatially distributed resources in networks: an extended version," Working Papers 2022:03, Department of Economics, University of Venice "Ca' Foscari".
    2. Fabbri, Giorgio & Faggian, Silvia & Freni, Giuseppe, 0. "On competition for spatially distributed resources in networks," Theoretical Economics, Econometric Society.

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    More about this item

    Keywords

    Spatial harvesting problems; Markov perfect equilibrium; Environmental protection policies; Differential games;
    All these keywords.

    JEL classification:

    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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