Showing 1 - 10 of 438
This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in … cohesiveness of the network contribute to overcoming the tragedy of the commons. The study suggests that the origin of the problem …
Persistent link: https://www.econbiz.de/10011672530
Recent research developments in common-pool resource models emphasize the importance of links with ecological systems and the presence of non-linearities, thresholds and multiple steady states. In a recent paper Kossioris et al. (2008) develop a methodology for deriving feedback Nash equilibria...
Persistent link: https://www.econbiz.de/10008735723
In this paper we show how the Kolm triangle method, which is a standard tool for visualizing allocations in a public good economy, can also be used to provide a diagrammatical exposition of matching mechanisms and their effects on public good supply and welfare. In particular, we describe, on...
Persistent link: https://www.econbiz.de/10012016875
Persistent link: https://www.econbiz.de/10011686513
We illuminate several important aspects of the nature and causes of growth and institutional change. To do this, we focus on the role resource pressures have played in the historic development of Hawaii's institutions. We discuss the Hawaiian story in the context of the natural co-evolution of...
Persistent link: https://www.econbiz.de/10010350824
We consider a two-stage public goods provision game: In the first stage, players simultaneously decide if they will join a contribution group or not. In the second stage, players in the contribution group simultaneously offer contribution schemes in order to influence the government’s choice...
Persistent link: https://www.econbiz.de/10003714888
This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct neighbors' provisions. We present a proof for existence and uniqueness of a Nash equilibrium with general best-reply functions. Our...
Persistent link: https://www.econbiz.de/10009501125
Persistent link: https://www.econbiz.de/10011303051
Persistent link: https://www.econbiz.de/10012805170
Persistent link: https://www.econbiz.de/10014233915