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A dynamic multicriteria game of renewable resource extraction with environmentally concerned players. / Kuzyutin, Denis ; Smirnova, Nadezhda .

In: Economics Letters, Vol. 226, 111078, 01.05.2023.

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@article{79c6622f189f4cbf9490deafa99e7b8a,
title = "A dynamic multicriteria game of renewable resource extraction with environmentally concerned players",
abstract = "We introduce a multi-objective discrete-time competitive model of renewable resource extraction in which the standard economic objective is supplemented with an environmental one. Non-cooperative and cooperative solutions in feedback strategies are derived and compared with the solutions established for a standard single-criterion dynamic game.",
keywords = "Renewable resource extraction, multi-objective game, Pareto equilibria, Subgame-perfect equilibrium, cooperative solution, Cooperative solution, Multi-objective game",
author = "Denis Kuzyutin and Nadezhda Smirnova",
year = "2023",
month = may,
day = "1",
doi = "10.1016/j.econlet.2023.111078",
language = "English",
volume = "226",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - A dynamic multicriteria game of renewable resource extraction with environmentally concerned players

AU - Kuzyutin, Denis

AU - Smirnova, Nadezhda

PY - 2023/5/1

Y1 - 2023/5/1

N2 - We introduce a multi-objective discrete-time competitive model of renewable resource extraction in which the standard economic objective is supplemented with an environmental one. Non-cooperative and cooperative solutions in feedback strategies are derived and compared with the solutions established for a standard single-criterion dynamic game.

AB - We introduce a multi-objective discrete-time competitive model of renewable resource extraction in which the standard economic objective is supplemented with an environmental one. Non-cooperative and cooperative solutions in feedback strategies are derived and compared with the solutions established for a standard single-criterion dynamic game.

KW - Renewable resource extraction

KW - multi-objective game

KW - Pareto equilibria

KW - Subgame-perfect equilibrium

KW - cooperative solution

KW - Cooperative solution

KW - Multi-objective game

UR - https://authors.elsevier.com/a/1gqH1bZed%7EepF

UR - https://www.mendeley.com/catalogue/9beefa84-0147-332b-a773-79374f86a8a1/

U2 - 10.1016/j.econlet.2023.111078

DO - 10.1016/j.econlet.2023.111078

M3 - Article

VL - 226

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

M1 - 111078

ER -

ID: 104113090