Strategic exploitation of a common resource under environmental risk

Eric Fesselmeyer; Marc Santugini

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Strategic exploitation of a common resource under environmental risk

机译：在环境风险下战略性开发共同资源

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摘要

We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non-cooperative game in which an environmental event impacts the renewability and the quality of the resource, we show that the anticipation of such an event has an ambiguous effect on extraction and the tragedy of the commons. A risk of a reduction in the renewability induces the agents to extract less today while a risk of a deterioration in the quality has the opposite effect. Moreover, when environmental risk induces conservation, the tragedy of the commons is worsened.

机译：我们研究了环境风险对共同资源开采的影响。通过使用一个动态且不合作的游戏，其中环境事件会影响资源的可再生性和资源的质量，我们表明，对此类事件的预期对公有物的开采和悲剧具有模糊的影响。降低可更新性的风险导致今天的药物提取量减少，而降低质量的风险则产生相反的效果。而且，当环境风险引起保护时，公地的悲剧加剧。

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来源
《Journal of Economic Dynamics and Control》 |2013年第1期|125-136|共12页
作者
Eric Fesselmeyer; Marc Santugini;
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作者单位

Department of Economics, National University of Singapore, Singapore;

Institute of Applied Economics, HEC Montreal, Montreal, Canada,CIRPEE, HEC Montreal, Montreal, Canada;

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原文格式 PDF
正文语种 eng
中图分类
关键词
conservation; dynamic games; environmental risk; renewable resources; tragedy of the commons;

机译：保护;动态游戏;环境风险;可再生资源;公地的悲剧;

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Strategic exploitation of a common resource under environmental risk

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