The Tragedy of the Commons : The Dynamic Adjustment under Unregulated Population Growth

Research English OPEN
早川 弘晃;
  • Journal: CJPSCS/JJPC(総合政策研究),volume Vol.23,pages51-83 (issn: 1341-7827)
  • Publisher copyright policies & self-archiving
  • Subject: tragedy of the commons | unregulated population growth | Cournot- Nash equilibrium | devaluation cost | logic of entry | adjustment process

The tragedy of the commons is often represented in terms of Nash equilibrium of a static game of complete information. Such elucidation is misleading since it does not capture the dynamics of an underlying process that eventually invites the tragedy as the number of the... View more
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