Sharing a common resource with concave benefits

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Ambec, S.; (2006)
    • jel: jel:D63 | jel:Q20

A group of agents enjoy concave and single-peak benefit functions from consuming a shared resource. They also value money (transfers). The resource is scarce in the sense that not everybody can consume its peak. The paper characterizes the unique (resource and money) al... View more
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