On the Optimal Taxation of Common-Pool Resources
نویسندگان
چکیده
منابع مشابه
On the Optimal Taxation of Common-Pool Resources
Recent research developments in common-pool resource models emphasize the importance of links with ecological systems and the presence of non-linearities, thresholds and multiple steady states. In a recent paper Kossioris et al. (2008) develop a methodology for deriving feedback Nash equilibria for non-linear differential games and apply this methodology to a common-pool resource model of a lak...
متن کاملSustainability of common pool resources
Sustainability has become a key issue in managing natural resources together with growing concerns for capitalism, environmental and resource problems. We hypothesize that the ongoing modernization of competitive societies, which we refer to as "capitalism," affects human nature for utilizing common pool resources, thus compromising sustainability. To test this hypothesis, we design and impleme...
متن کاملAn Analysis the Effect of Capital Taxation on Allocation of Resources: A Dynamic Equilibrium Model Approach
Abstract T he return of capital is fundamental to the intertemporal allocation of resources by changing the consumption behavior and capital accumulation over time. Taxation on return of capital increases the marginal product of capital, meaning that capital stock is lower than when capital is not taxed, which results decreased growth and welfare in steady state. This pape...
متن کاملOptimal Energy Transition and Taxation of Non - Renewable Resources
This paper investigates the optimal taxation path of a non-renewable resource in the presence of an imperfect substitute renewable resource. We present an optimal growth model and characterize the social optimum and the decentralized equilibrium. We show that the economy gradually reduces the share of non-renewable resource and converges to a steady state in which it uses only the renewable res...
متن کاملInteractional Justice for Sustainable Management of Common-Pool Resources
We argue that IoT-enabled socio-technical systems exhibit two inter-related and inter-dependent commons: one being the commons of resources (both physical and intellectual), and the other being the commons of knowledge. We show that both types of commons can be generically managed by applying Ostrom’s design principles for selfgoverning institutions. We then propose that one requirement for suc...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1686967