Voracious transformation of a common natural resource into productive capital
We analyze a power struggle about the control of natural resources where competing factions in society have a private stock of financial assets and a common stock of natural resources with inadequately defined private property rights. We solve a dynamic common-pool problem and obtain political econo...
| 主要作者: | |
|---|---|
| 格式: | Working paper |
| 出版: |
University of Oxford
2008
|