Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062542 | Economics Letters | 2006 | 5 Pages |
Abstract
In the presence of distributional conflict, one can observe overexploitation for some goods, and underexploitation for others. The present article builds a simple two-period model for the analysis of this issue. It is shown that if the natural resource is renewable, underexploitation is likely, whereas negative future externalities can lead to overuse.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Dominic Rohner,