Dynamic Sustainability Games for Renewable Resources--A Computational Approach

Abstract

We consider a dynamic Nash game among firms harvesting a renewable resource (e.g., in a fishery) and propose a differential variational inequality (DVI) framework for modeling and solving such a game. We suppose the firms compete over demand as well as over regulated harvest effort that we interpret as a sustainability constraint on the fleet's aggregate… (More)
DOI: 10.1109/TC.2013.123

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