On the optimal taxation of common-pool resources

B-Tier
Journal: Journal of Economic Dynamics and Control
Year: 2011
Volume: 35
Issue: 11
Pages: 1868-1879

Authors (4)

Kossioris, G. (not in RePEc) Plexousakis, M. (not in RePEc) Xepapadeas, A. (Alma Mater Studiorum - Univers...) de Zeeuw, A. (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:dyncon:v:35:y:2011:i:11:p:1868-1879
Journal Field
Macro
Author Count
4
Added to Database
2026-01-25