Article ID Journal Published Year Pages File Type
5059554 Economics Letters 2013 5 Pages PDF
Abstract
We examine an entry-deterrence model in the commons. We investigate in which contexts asymmetric information among firms becomes welfare improving, and in which settings an uninformed regulator may prefer to assess and disseminate information about the available stock among firms.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Asymmetric information may protect the commons: The welfare benefits of uninformed regulators
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