@techreport{Kossioris2010optimal,
abstract = {Recent research developments in common-pool resource models emphasize the importance of links with ecological systems and the presence of non-linearities, thresholds and multiple steady states. In a recent paper Kossioris et al. (2008) develop a methodology for deriving feedback Nash equilibria for non-linear differential games and apply this methodology to a common-pool resource model of a lake where pollution corresponds to benefits and at the same time affects the ecosystem services. This paper studies the structure of optimal state- dependent taxes that steer the combined economic-ecological system towards the trajectory of optimal management, and provides an algorithm for calculating such taxes.},
address = {Milano},
author = {Georgios Kossioris and Michael Plexousakis and Anastasios Xepapadeas and Aart de Zeeuw},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {Q25; C73; C61; 330; Differential Games; non-linear Feedback Nash Equilibria; Ecosystems; Optimal State-dependent Tax},
language = {eng},
number = {2010,101},
publisher = {Fondazione Eni Enrico Mattei},
title = {On the optimal taxation of common-pool resources},
type = {Nota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development},
url = {http://hdl.handle.net/10419/43444},
year = {2010}
}
