Managing the international commons: Resource use and pollution control

Xepapadeas, Anastasios1
1Department of Economics, University of Crete, Rethymnon, Crete, Greece

Tóm tắt

The simultaneous management, in an international context, of free-access renewable resources and transboundary pollution, is examined in a dynamic game framework. First-best outcomes under international cooperation are determined and compared to noncooperative outcomes when countries follow linear Markov strategies. An international policy consisting of taxes on emissions and harvesting, with international redistribution of tax receipts, is used to achieve the cooperative solution. In addition, side payments may be required to prevent free riding and thus make the international policy implementable.

Từ khóa


Tài liệu tham khảo

citation_title=Time Consistency and Robustness of Equilibria in Non-cooperative Dynamic Games; citation_inbook_title=Dynamic Policy Games in Economics; citation_publication_date=1989; citation_id=CR1; citation_author=T. Basar; citation_publisher=North-Holland citation_title=Dynamic Non-cooperative Game Theory; citation_publication_date=1982; citation_id=CR2; citation_author=T. Basar; citation_author=G. J. Olsder; citation_publisher=Academic Press citation_journal_title=Journal of Economic Theory; citation_title=Global Asymptotic Stability of Optimal Control Systems with Applications to Economic Growth; citation_author=W. A. Brock, J. A. Scheinkman; citation_volume=12; citation_publication_date=1976; citation_pages=164-190; citation_id=CR3 citation_journal_title=Journal of Public Economics; citation_title=Protection of the Environment; citation_author=C. Carraro, D. Siniscalco; citation_volume=52; citation_publication_date=1993; citation_pages=309-328; citation_id=CR4 citation_title=Restricted Access to Common-Property Fishery Resources: A Game-Theoretic Analysis; citation_inbook_title=Dynamic Optimization and Mathematical Economics; citation_publication_date=1980; citation_id=CR5; citation_author=C. W. Clark; citation_publisher=Plenum Press citation_journal_title=Journal of Environmental Economics and Management; citation_title=Strategic Enhancement and Destruction of Fisheries and the Environment in the Presence of International Externalities; citation_author=B. R. Copeland; citation_volume=19; citation_publication_date=1990; citation_pages=213-226; citation_id=CR6 de Zeeuw, A. and H. Cesar (1993), ‘Issue Linkage in Global Environmental Problems’,Fourth Annual EAERE Conference, Paris. citation_journal_title=Journal of Environment Economics and Management; citation_title=International Pollution Control: Cooperative versus Noncooperative Strategies; citation_author=E. Dockner, N. V. Long; citation_volume=25; citation_publication_date=1993; citation_pages=13-29; citation_id=CR8 citation_journal_title=Journal of Economic Dynamics and Control; citation_title=Local Stability Properties of the Modified Hamiltonian Dynamic System; citation_author=C. D. Feinstein, S. Oren; citation_volume=6; citation_publication_date=1983; citation_pages=387-397; citation_id=CR9 citation_journal_title=Journal of Optimization Theory and Applications; citation_title=Identification of Classes of Differential Games for which the Open Loop is a Degenerate Feedback Nash Equilibrium; citation_author=C. Fershtman; citation_volume=55; citation_issue=2; citation_publication_date=1987; citation_pages=217-231; citation_id=CR10 citation_journal_title=Journal of Environmental Economics and Management; citation_title=Integrating Fishery and Water Resource Management: A Biological Model of a California Salmon Fishery; citation_author=A. C. Fisher, W. M. Hanemann, A. G. Keller; citation_volume=20; citation_publication_date=1991; citation_pages=234-261; citation_id=CR11 Hoel, M. (1992a), ‘Emission Taxes in a Dynamic Game of CO2 Emissions’, in R. Pethig, ed.,Conflict and Cooperation in Managing Environmental Resources, Springer Verlag. citation_journal_title=European Economic Review; citation_title=Carbon Taxes: An International Tax or Harmonized Domestic Taxes?; citation_author=M. Hoel; citation_volume=36; citation_publication_date=1992; citation_pages=400-407; citation_id=CR13 citation_journal_title=Natural Resource Modeling; citation_title=Optimal Recovery of a Shared Resource Stock: A Differential Game Model with Efficient Memory Equilibria; citation_author=V. Kaitala, M. Pohjola; citation_volume=3; citation_issue=1; citation_publication_date=1988; citation_pages=91-119; citation_id=CR14 citation_journal_title=Bell Journal of Economics; citation_title=The Great Fish War: An Example Using a Dynamic Cournot-Nash Solution; citation_author=D. Levhari, L. J. Mirman; citation_volume=11; citation_publication_date=1980; citation_pages=322-334; citation_id=CR15 citation_journal_title=Journal of Environmental Economics and Management; citation_title=A Dynamic Game of a Transboundary Pollutant with Asymmetric Players; citation_author=W.E. Martin, R.H. Patrick, B. Tolwinski; citation_volume=25; citation_publication_date=1993; citation_pages=1-12; citation_id=CR16 citation_journal_title=Journal of Environmental Economics and Management; citation_title=Benefits from Commercial Fisheries when Demand and Supply Depend on Water Quality; citation_author=K. E. McConnell, I. E. Strand; citation_volume=17; citation_publication_date=1989; citation_pages=284-292; citation_id=CR17 citation_journal_title=The Economic Journal; citation_title=The Role of Carbon Taxes in Adjusting to Global Warming; citation_author=D. Pearce; citation_volume=101; citation_publication_date=1991; citation_pages=938-948; citation_id=CR18 citation_journal_title=Journal of Economics; citation_title=Nature as a Life Support System. Renewable Resources and Environmental Disruption; citation_author=H. Siebert; citation_volume=42; citation_publication_date=1982; citation_pages=133-142; citation_id=CR19 citation_journal_title=Journal of Economic Theory; citation_title=On the Optimality and Stability of Competitive Paths in Continuous Time Growth Models; citation_author=G. Sorger; citation_volume=48; citation_publication_date=1989; citation_pages=526-547; citation_id=CR20 citation_journal_title=Journal of Environmental Economics and Management; citation_title=Depletion of the Environmental Bases for Renewable Resources: The Economics of Interdependent Renewable and Nonrenewable Resources; citation_author=S. W. Swallow; citation_volume=19; citation_publication_date=1990; citation_pages=281-296; citation_id=CR21 citation_journal_title=Environmental Resource Economics; citation_title=On the Dynamics of Renewable Resource Harvesting and Pollution Control; citation_author=O. Tahvonen; citation_volume=1; citation_publication_date=1991; citation_pages=97-117; citation_id=CR22 citation_journal_title=Journal of Environmental Economics and Management; citation_title=Economic Growth, Pollution, and Renewable Resources; citation_author=O. Tahvonen, J. Kuuluvainen; citation_volume=24; citation_publication_date=1993; citation_pages=101-118; citation_id=CR23 citation_title=Mathematical Economics; citation_publication_date=1985; citation_id=CR24; citation_author=A. Takayama; citation_publisher=Cambridge University Press citation_journal_title=Environmental Resource Economics; citation_title=International Aspects of Pollution Control; citation_author=F. Ploeg, A. Zeeuw; citation_volume=2; citation_publication_date=1992; citation_pages=117-139; citation_id=CR25 citation_journal_title=Journal of Environmental Economics and Management; citation_title=Environmental Policy Design and Dynamic Nonpoint-Source Pollution; citation_author=A. Xepapadeas; citation_volume=23; citation_issue=1; citation_publication_date=1992; citation_pages=22-39; citation_id=CR26