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Ext A. [Tragedy of the Commons] There are I firms fishing from a common pool of fish. Each iI picks a quantity of boats qi0,

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Ext A. [Tragedy of the Commons] There are I firms fishing from a common pool of fish. Each iI picks a quantity of boats qi0, at a constant marginal cost c, to send out. Setting Q=iqi, the per boat catch is given by V(Q) where V(0)>c,V(Q)

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