| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| The Use of Common Property Resources: A Dynamic Model | |
| Michele Moretto; Paolo Rosato | |
| 发表日期 | 2002 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | The government of common agricultural and forestry land is a topic that is currently enjoying a revival of interest. Many local communities have shown the ability to pursue sustainable use of natural resources thanks to their self-governed authorities. In this context the relationship between public and private interest which is established in use of the resource is a fairly controversial. The paper proposes a dynamic model to analyse the behaviour of a user of a common property resource in a "real option" framework, where the value of the right to use the resource is affected by: 1) uncertainty on the future amount of the resource; 2) entry and exit costs and 3) the number of users competitors. |
| 关键词 | Common property resources,option value,uncertainty |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-use-of-common-property-resources-a-dynamic-model/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116725 |
| 推荐引用方式 GB/T 7714 | Michele Moretto,Paolo Rosato. The Use of Common Property Resources: A Dynamic Model. 2002. |
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