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Harstad, Bård - 2012

This article presents a sequence of simple and related models to analyze the strategic use of natural resources. Game theory is the natural tool for such an analysis, whether the resource is private or publicly owned, whether it is renewable or exhaustible, whether the game is static or dynamic,...

Persistent link: https://www.econbiz.de/10012460141

Influencing Connected Legislators

Battaglini, Marco - 2016

This paper studies how interest groups allocate campaign contributions when congressmen are connected by social ties. We establish conditions for the existence of a unique Nash equilibrium in pure strategies for the contribution game and characterize the associated allocation of the interest...

Persistent link: https://www.econbiz.de/10012455941

The Political Economy of Responses to COVID-19 in the U.S.A.

Cui, Zhihan; Heal, Geoffrey; Kunreuther, Howard; Liu, Lu - National Bureau of Economic Research - 2021

Social distancing via shelter-in-place strategies, and wearing masks, have emerged as the most effective non-pharmaceutical ways of combatting COVID-19. In the United States, choices about these policies are made by individual states. We develop a game-theoretic model and then test it...

Persistent link: https://www.econbiz.de/10012496132

The Value of Regulatory Discretion : Estimates from Environmental Inspections in India

Duflo, Esther - 2014

be inspected and to be cited for violating pollution standards. Yet the treatment was weaker for more consequential … only marginally increased compliance with standards and did not significantly reduce mean pollution emissions. To explain …

Persistent link: https://www.econbiz.de/10012458075

Trade, Tragedy, and the Commons

Copeland, Brian R. - 2004

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

Green Technology Diffusion : A Post-Mortem Analysis of the Eco-Patent Commons

Contreras, Jorge L. - 2018

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

Patent Commons, Thickets, and Open Source Software Entry by Start-Up Firms

Wen, Wen - 2013

We examine whether the introduction of a patent commons, a special type of royalty free patent pool available to the … the impact of The Commons--established by the Open Source Development Labs and IBM in 2005. We find that increases in the … size of The Commons related to a software market increase the rate of entry in the market by start-ups using a new product …

Persistent link: https://www.econbiz.de/10012459267

Bridging vs. Bonding Social Capital and the Management of Common Pool Resources

Baylis, Kathy - 2013

Social capital can facilitate community governance, but not all social capital is alike. We distinguish bonding social capital (within a village) from bridging social capital (between villages), and we compare their effects on the management of a common pool resource. We develop a theoretical...

Persistent link: https://www.econbiz.de/10012459468

The Value of Secure Property Rights : Evidence from Global Fisheries

Grainger, Corbett A. - 2011

Property rights are commonly touted as a solution to common pool resource problems. But in practice the security of these property rights varies substantially owing to differences in design. In fisheries, the design of individual transferable quotas (ITQs) varies widely; the consequences of...

Persistent link: https://www.econbiz.de/10012461639

The Problem of the Commons : Still Unsettled After 100 Years

Stavins, Robert N. - 2010

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