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Given the ubiquitous scarcity of resources an economic approach is necessary in order to determine an optimal strategy of adaptation to climate change. In this paper we develop an economic framework for the study of adaptation which allows us to distinguish between decentralized adaptation by...
Persistent link: https://www.econbiz.de/10003881582
According to the Framework Convention on Climate Change, global collective action is needed to stabilize "greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system." The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010229864
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising … of institutional choice. Almost all institutions improve cooperation if they are implemented, but they are not always … identified as important determinants of institutional choice. Cooperation tends to be higher under endogenously chosen …
Persistent link: https://www.econbiz.de/10012010446
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising … of institutional choice. Almost all institutions improve cooperation if they are implemented, but they are not always … identified as important determinants of institutional choice. Cooperation tends to be higher under endogenously chosen …
Persistent link: https://www.econbiz.de/10012010646
We use an experiment to test the hypothesis that groups consisting of like-minded cooperators are able to cooperate irrespective of punishment and therefore have a lower demand for a costly punishment institution than groups of like-minded free riders, who are unable to cooperate without...
Persistent link: https://www.econbiz.de/10012542999
Ostracism is practiced by virtually all societies around the world as a means of enforcing cooperation and excluding … contributors are excluded but also because high contributors sustain a higher cooperation level under the exclusion institution …
Persistent link: https://www.econbiz.de/10011992304
We use an experiment to test the hypothesis that groups consisting of like-minded cooperators are able to cooperate irrespective of punishment and therefore have a lower demand for a costly punishment institution than groups of like-minded free riders, who are unable to cooperate without...
Persistent link: https://www.econbiz.de/10013337734
Persistent link: https://www.econbiz.de/10011376646
Persistent link: https://www.econbiz.de/10011298555
cooperation. Unlike previous studies, this experimental study was conducted among members of forest user groups in Ethiopia and …. Overall, the results show a weak effect of nonbinding agreements on cooperation in the two locations. The main reason for this … is that the cooperation level is relatively high even without an agreement and only a small proportion of subjects change …
Persistent link: https://www.econbiz.de/10012971538