Resource Extraction under Heterogeneous Growth in Demand

@inproceedings{Masoudi2015ResourceEU,
  title={Resource Extraction under Heterogeneous Growth in Demand},
  author={Nahid Masoudi and Marc Santugini},
  year={2015}
}
We study the effect of heterogeneous growth in demand on resource extraction. Using the Great Fish War framework of Levhari and Mirman (1980), we show that heterogeneity in demand growth has a profound effect on both non-cooperative (Cournot-Nash and Stackelberg) and cooperative solutions.