Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2009-04-21
Number: 09-033/1
Author-Name: F.O.O. Wagener
Author-Workplace-Name: University of Amsterdam
Title: Shallow Lake Economics Run Deep: Nonlinear Aspects of an Economic-Ecological Interest Conflict
Abstract: This discussion paper led to a publication in <A HREF="https://link.springer.com/article/10.1007/s10287-013-0191-5">Computational Management Science</A>, 2013, 10(4), 423-450.<P>

Outcomes of the shallow lake interest conflict are presented in a number of different contexts: quasi-static and dynamic social planning, and quasi-static one-shot and repeated non-cooperative play. As the underlying dynamics are non-convex, the analysis uses geometrical-numerical methods: the possible kinds of solutions are efficiently classified in bifurcation diagrams.
Classification-JEL: C61, C73, Q57
Keywords: Shallow lake, optimal management, dynamic games, bifurcation analysis
File-Url: https://papers.tinbergen.nl/09033.pdf
File-Format: application/pdf
File-Size: 1726859 bytes
Handle: RePEc:tin:wpaper:20090033