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Common pool resources (CPRs) are usually exploited one generation after another - often overexploited - meaning there is an intergenerational link between the consumers - e.g., water for farming activities. This key dimension is often not considered in theoretical or field experiments, due to...
Persistent link: https://www.econbiz.de/10012422255
Many renewable resources are in intergenerational common pools, exploited by one generation after another. In our experiment, the stock available to each generation depends on the extent of exploitation by previous generations and on resource's growth rate, which is either slow or fast. Subjects...
Persistent link: https://www.econbiz.de/10014071285
This paper revisits the tragedy of the commons when agents have different capabilities in both production and … obeys a relative advantage criterion. Several equilibria may exist. The "tragedy of the commons" equilibrium without …
Persistent link: https://www.econbiz.de/10014123382
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Persistent link: https://www.econbiz.de/10010416750
WHAT IS the most immediate tool of empowerment you can provide a person? Ask an economist. Or ask a laborer who has been moved to the outskirts of the city as a part of the quot;big-progressive resettlement schemequot;. Or ask a student. The most likely answer you will get is:...
Persistent link: https://www.econbiz.de/10012718470
This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in … cohesiveness of the network contribute to overcoming the tragedy of the commons. The study suggests that the origin of the problem …
Persistent link: https://www.econbiz.de/10011672530
This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in … cohesiveness of the network contribute to overcoming the tragedy of the commons. The study suggests that the origin of the problem …
Persistent link: https://www.econbiz.de/10012952681
Persistent link: https://www.econbiz.de/10010423886
Persistent link: https://www.econbiz.de/10009672225