This paper presents a noncooperative dynamic game with overlapping generations of players using a common-property natural resource, and identifies conditions under which cooperation is supported as an equilibrium of the game. It explores how heterogeneity among the resource users and access to outside markets or microcredit affect local resource use in developing countries.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number
20029.
Length: Date of creation: 2004 Date of revision: Handle: RePEc:ags:aaea04:20029
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