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Costly Voting: Theoretical and Experimental Results on Commons Dilemmas in Spatial Committee Games

Wilson, Rick K.; Herzberg, Roberta; Elliott, Mark - 1993

"Our focus in this paper is with the transaction costs inherent in most decision making settings. We specifically investigate an "institution free" collective choice mechanism that includes costs to calling votes. A set of models show that under low costs (i.e., where no cost-induced equilibrium...

Persistent link: https://www.econbiz.de/10009468404

Optimality, Sub-optimality, Nirvana, and Transaction Costs Foraging on the Commons

Feeny, David - 1995

Published as Feeny, David, "Sub-Optimality and Transaction Costs on the Commons," in Edna Tusak Loehman and D. Marc Kilgour (eds.), Designing Institutions for Environmental and Resource Management (Cheltenham, Edward Elgar Publishing, Ltd., 1998), 124-141. "Much of the literature on the...

Persistent link: https://www.econbiz.de/10009468417

Under What Conditions are Decentralized Solutions to Collective Action Problems Likely?

Maier-Rigaud, Frank - 2000

"The paper outlines conditions under which decentralized approaches are likely to succeed in solving collective action problems. Criteria that render successful decentralized collective action more likely have mainly been developed in the Common Pool Resource (CPR) and International Relations...

Persistent link: https://www.econbiz.de/10009468423

Who, What, When, Why: Resource Economics Before the Fall

Wiener, Jonathan B. - 1998

microeconomic theory to these fundamental questions about resource management practises 'before the fall'. The essential argument is …

Persistent link: https://www.econbiz.de/10009468425

Enclosure Within and Without the Commons

McCann, Anthony - 2004

address some of the ways in which my attempts to use resource management models of common property theory have left me unable … 'the commons' is taken to mean. A brief overview of a new theory of commodification is presented, and through this it will …

Persistent link: https://www.econbiz.de/10009468428

Rethinking Local Commons Dilemmas: Lessons from Experimental Economics in the Field

Cardenas, Juan Camilo - 2002

"In particular, the academic debate over the best prediction about the behavior of people that use a common-pool resource (CPR), and the recommended policy approaches to the CPR dilemma have undergone a very interesting evolution throughout the last 3 decades of the pastcentury, since the...

Persistent link: https://www.econbiz.de/10009468435

Why Fairness? Facial Expressions, Evolutionary Psychology, and the Emergence of Fairness in Simple Bargaining Games

Eckel, Catherine; Wilson, Rick K. - 1999

"One of the successes in contemporary social science is the development and proliferation of game theory. For a wide … range of phenomena, game theory produces enormous insight into the strategic interaction of individuals. Its greatest power …, information aggregation or when confronting large-scale social dilemmas. However, as Ostrom (1998) reminds us, game theory also …

Persistent link: https://www.econbiz.de/10009468443

Regional Integration through Agreements: Does Multiplexity in Urban Service Deliveries Matter?

Andrew, Simon A.; Kendra, James M. - 2009

"While most scholars in urban studies and public management tend to conceptualize networks as having interdependent properties---with multiple sets of organizations working together (directly or indirectly) on common problems---few explore the importance of multiplexity in these relations....

Persistent link: https://www.econbiz.de/10009468493

Transition economies and European integration: Role of the state and the banking sector

Wasiak, Radoslaw - 2002

Transition economies in Central and Eastern Europe have already completed the initial stabilization reforms and initiated the process of accession to European political and economic structures. Nonetheless, consensus exists that transition reforms are not complete. The state continues to exhibit...

Persistent link: https://www.econbiz.de/10009430002

Essays in Empirical Macroeconomics: Applications to the GCC Monetary Union

Al-Hassan, Abdullah Mohammed - 2008

With the introduction of the monetary union and the single currency in the Gulf Cooperation Council by 2010, the prospective supernational monetary agency will conduct a single and indivisible monetary and exchange policy. Its policies will be based on the GCC-wide economic and financial...

Persistent link: https://www.econbiz.de/10009430910