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"This paper introduces a management regime that would maintain common property rights by allowing resource users to harvest on their own but to share their extraction outcome with a given number of other resource users. The developed partnership approach makes use of the shirkingincentives in...
Persistent link: https://www.econbiz.de/10009468321
"A common-pool resource (CPR) is defined as any resource in which exclusion is difficult and consumption of resource units is rival. Examples of CPRs include groundwater basins, fisheries, forests, grazing ranges, and irrigation systems in which property rights--or the ability to uphold such...
Persistent link: https://www.econbiz.de/10009468337
mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of … predictions of the models based on privately rational agents and socially rational agents."In the VCM provision experiments, 43 … behave consistently with a predictive model based on social rationality. In the CPR appropriation experiments, 74% of the …
Persistent link: https://www.econbiz.de/10009468340
"We develop an evolutionary game theory model for a limited access common pool resource. With full disclosure of individual extraction decisions and payoffs we conjecture that subjects will imitate the most successful players’ strategy as long as their payoffs increase. We derive a stable...
Persistent link: https://www.econbiz.de/10009468354
experimental manipulations are implemented to test various aspects of this model. These experiments use five-person committees with …
Persistent link: https://www.econbiz.de/10009468404
"In symmetric commons dilemmas, peer sanctioning, i.e. the possibility to gather information about the resource use of others and to sanction overuse, can be an effective structural solution in terms of resource conservation. However, most real world commons are characterized by structural...
Persistent link: https://www.econbiz.de/10009468416
. The second contribution to the concern is through a set of results (Section 4) from field experiments conducted in actual …
Persistent link: https://www.econbiz.de/10009468435
"There is a relatively small but growing literature in economics that examines conflictive activities using a framework in which agents allocate their resource endowments between wealth production and appropriation. To date, studies in this literature have employed a similar one period game...
Persistent link: https://www.econbiz.de/10009468454
"In 1968, Hardin argued that all commonly-owned resources would tragically be depleted unless private ownership was granted. There are many case studies which prove Hardin wrong. Common-pool resources have been managed with success. However, this success does not imply (as some believe) that...
Persistent link: https://www.econbiz.de/10009468460
Recently developed models of fairness can explain a wide variety of seemingly contradictory facts. The most … controversial and yet unresolved issue in the modeling of fairness preferences concerns the behavioral relevance of fairness … intentions. Intuitively, fairness intentions seem to play an important role in economic relations, political struggles and legal …
Persistent link: https://www.econbiz.de/10009471715