Spatial resource wars: A two region example - Archive ouverte HAL
Pré-Publication, Document De Travail Année : 2018

Spatial resource wars: A two region example

Résumé

We develop a spatial resource model in continuous time in which two agents strategically exploit a mobile resource in a two-locations setup. In order to contrast the overexploitation of the resource (the tragedy of commons) that occurs when the player are free to choose where to fish/hunt/extract/harvest, the regulator can establish a series of spatially structured policies. We compare the three situations in which the regulator: (a) leaves the player free to choose where to harvest; (b) establishes a natural reserve where nobody is allowed to harvest; (c) assigns to each player a specific exclusive location to hunt. We show that when preference parameters dictate a low harvesting intensity, the policies cannot mitigate the overexploitation and in addition they worsen the utilities of the players. Conversely, in a context of harsher harvesting intensity, the intervention can help to safeguard the resource, preventing the extinction and also improving the welfare of both players.
Fichier principal
Vignette du fichier
gael2018-04.pdf (416.63 Ko) Télécharger le fichier
Origine Fichiers produits par l'(les) auteur(s)
Loading...

Dates et versions

hal-01762471 , version 1 (10-04-2018)

Identifiants

  • HAL Id : hal-01762471 , version 1

Citer

Giorgio Fabbri, Silvia Faggian, Giuseppe Freni. Spatial resource wars: A two region example. 2018. ⟨hal-01762471⟩
175 Consultations
205 Téléchargements

Partager

More