Brunette, Marielle; Delacote, Philippe; Garcia, Serge; … - Laboratoire d'Économie Forestière, Département … - 2014
The impact of the safety-net use of Common-pool resources (CPR) on the individual investment into and extraction from the commons is analyzed in this paper. Agents of the community first choose to invest in their private project and in the CPR; second, they choose how much to extract from their...