Showing 1 - 10 of 219
commons. Using a dynamic model of competitive resource extraction, we show that improving property right security …
Persistent link: https://www.econbiz.de/10013172188
Property rights are widely prescribed for addressing overextraction of common pool resources, yet causal evidence of their effectiveness remains elusive. We develop a model of dynamic groundwater extraction to demonstrate how a spatial regression discontinuity design exploiting a...
Persistent link: https://www.econbiz.de/10012480212
-parametric tests of behavior consistent with the tragedy of the commons model. Our approach derives testable implications of such … to panel data of Norwegian fishers, we find evidence rejecting the tragedy of the commons model. Significantly, we find … commons …
Persistent link: https://www.econbiz.de/10012480342
We revisit the effect of the "Eco-Patent Commons" (EcoPC) on the diffusion of patented environmentally friendly … patents covering 94 "green" inventions. Hall and Helmers (2013) suggested that the patents pledged to the commons had the … commons did not increase the diffusion of pledged inventions, and that the EcoPC suffered from several structural and …
Persistent link: https://www.econbiz.de/10012480922
Common resources may be managed with inefficient policies for the sake of equity. We study how rationing the commons …
Persistent link: https://www.econbiz.de/10012481328
The National Park Service and other agencies have argued that our recreation lands face a crisis of deferred maintenance. This paper evaluates two proposals for funding public lands, increasing gate fees and taxing recreational gear. It analyzes the joint welfare effects of such taxes and the...
Persistent link: https://www.econbiz.de/10012481396
We analyze theoretically an institution called a "limited-tenure concession" for its ability to induce efficient public goods contribution and common-pool resource extraction. The basic idea is that by limiting the tenure over which an agent can enjoy the public good, but offering the...
Persistent link: https://www.econbiz.de/10012482733
The problem of the commons is more important to our lives and thus more central to economics than a century ago when … the commons. Within the realm of natural resources, there are special challenges associated with renewable resources …. Critical commons problems are also associated with environmental quality. A key contribution of economics has been the …
Persistent link: https://www.econbiz.de/10012462253
overall catch quota to a voluntary cooperative, with the remainder exploited as a commons by those choosing to fish …
Persistent link: https://www.econbiz.de/10012462317
We develop a theory of resource management where the degree to which countries escape the tragedy of the commons is … at any world price, have zero rents and suffer from the tragedy of the commons. Ostrom economies exhibit de facto open …
Persistent link: https://www.econbiz.de/10012467853