Development of multi-use concepts to fight against climate change in the project MUNTER

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Shallow lake economics run deep: nonlinear aspects of an economic-ecological interest conflict

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 diagram

Dynamic R&D with spillovers: A comment

Cellini and Lambertini [2009. Dynamic R&D with spillovers: competition vs cooperation. J. Econ. Dyn. Control 33, 568–582] study a dynamic R&D game with spillovers. This comment demonstrates that, contrary to what is claimed in their paper, the game is not state redundant and the open-loop Nash equilibrium is not subgame perfect