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On shared use of renewable stocks

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  • Ekerhovd, Nils-Arne
  • Flåm, Sjur Didrik
  • Steinshamn, Stein Ivar

Abstract

Considered here is multi-party exploitation of common property, renewable resources. The parties play various dynamic games differing in degree of cooperation and commitment. Comparisons of steady states clarify issues on collective choice and individual welfare.

Suggested Citation

  • Ekerhovd, Nils-Arne & Flåm, Sjur Didrik & Steinshamn, Stein Ivar, 2021. "On shared use of renewable stocks," European Journal of Operational Research, Elsevier, vol. 290(3), pages 1125-1135.
    • Handle: RePEc:eee:ejores:v:290:y:2021:i:3:p:1125-1135
    DOI: 10.1016/j.ejor.2020.08.052
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    2. Gaïgi, M’hamed & Ly Vath, Vathana & Scotti, Simone, 2022. "Optimal harvesting under marine reserves and uncertain environment," European Journal of Operational Research, Elsevier, vol. 301(3), pages 1181-1194.

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