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"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 outcomes of a series of tests of the ARDI (Actors, Resources, Dynamics, and Interactions) method in complex cases or conflict-ridden situations is presented. ARDI is part of a companion modeling approach that makes it possible to engage a broad spectrum of stakeholders in the design and...
Persistent link: https://www.econbiz.de/10009468431
"The most critical task facing humanity today is the creation of a shared vision of a sustainable and desirable society, one that can provide permanent prosperity within the biophysical constraints of the real world in a way that is fair and equitable to all of humanity, to other species, and to...
Persistent link: https://www.econbiz.de/10009468437
"Institutional arrangements are key drivers of the use of common-pool resources (CPR). The analysis of existing arrangements requires a framework that allows research to describe a case study systematically and diagnose the institutional setting. Based on a sound understanding of current...
Persistent link: https://www.econbiz.de/10009468439
"In this paper we employ experimental economic methods to examine the effect of market structure on the use of marketable emissions permits. In particular, we ask whether firms can strategically manipulate a product market using marketable emissions permits. Subjects participate in two markets,...
Persistent link: https://www.econbiz.de/10009468442
with the empirical record. Those models include bounded rationality, other regarding preferences and heterogeneity among …
Persistent link: https://www.econbiz.de/10009468444
examine propositions related to static equilibrium theory, dynamic learning models, and individual choice theory. Economic …
Persistent link: https://www.econbiz.de/10009468447
"Dr. Anderson's article provides a concise description of classical and Bayesian analyses regarding resource issues. It is a reassuring account of the cognitive difficulties associated with Bayesian results (at least reassuring to those of us who have had such difficulties and wondered if we...
Persistent link: https://www.econbiz.de/10009468453
"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
"Governing the Commons offers important insights to a variety of issues,in particular to the design of stable and robust institutions, the creation of norms and the process of institutional change. I have nothing to say on these. My comments will focus on a different theme, dear to economists...
Persistent link: https://www.econbiz.de/10009468457