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"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
"Social-ecological systems are complex adaptive systems where social and biophysical agents are interacting at multiple temporal and spatial scales. The main challenge for the study of governance of social-ecological systems is improving our understanding of the conditions under which...
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
this fact because it recognizes that value-creation is not just an episodic economic transaction, as market theory holds …
Persistent link: https://www.econbiz.de/10009468458
theory. Further research is necessary to understand how individuals operate in this environment." …
Persistent link: https://www.econbiz.de/10009468460
From the Author's Paper:"Effective management of community resources relies on considering economic vitality, ecological health and community quality of life. Too often, decisions are made which ultimately undermine a community's identity, resulting in losses and not gains towards community...
Persistent link: https://www.econbiz.de/10009468461