Table A3: Equilibrium and optimal... | Emerald Publishing

Table A3:

Equilibrium and optimal appropriations — Stronger demand.

	Second period		Third period		Aggregate appropriation
Stock, θ	$x_{i}^{*}$	$x_{i}^{S O}$	$q_{i}^{*}$	$q_{i}^{S O}$	$x_{i}^{} + q_{i}^{}$	$x_{i}^{S O} + q_{i}^{S O}$	$(x_{i}^{} + q_{i}^{}) - (x_{i}^{S O} + q_{i}^{S O})$
θ = 1/10	0.029	0.027	0.043	0.062	0.072	0.089	−0.015
θ = 3/10	0.086	0.086	0.130	0.156	0.216	0.242	−0.026
θ = 5/10	0.140	0.142	0.214	0.227	0.354	0.369	−0.015
θ = 7/10	0.190	0.192	0.300	0.285	0.490	0.477	0.013
θ = 1	0.254	0.256	0.420	0.352	0.674	0.608	0.066

	Second period		Third period		Aggregate appropriation
Stock, θ	$x_{i}^{*}$	$x_{i}^{S O}$	$q_{i}^{*}$	$q_{i}^{S O}$	$x_{i}^{} + q_{i}^{}$	$x_{i}^{S O} + q_{i}^{S O}$	$(x_{i}^{} + q_{i}^{}) - (x_{i}^{S O} + q_{i}^{S O})$
θ = 1/10	0.029	0.027	0.043	0.062	0.072	0.089	−0.015
θ = 3/10	0.086	0.086	0.130	0.156	0.216	0.242	−0.026
θ = 5/10	0.140	0.142	0.214	0.227	0.354	0.369	−0.015
θ = 7/10	0.190	0.192	0.300	0.285	0.490	0.477	0.013
θ = 1	0.254	0.256	0.420	0.352	0.674	0.608	0.066