Showing 1 - 10 of 4,803
Persistent link: https://www.econbiz.de/10010488426
Managers of public water companies present themselves and are seen as public servants maximizing public welfare. Because water is rarely allocated through market mechanisms, this maximization requires that managers cooperate in a bureaucratic version of a social dilemma. Members of the...
Persistent link: https://www.econbiz.de/10013115012
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation is...
Persistent link: https://www.econbiz.de/10011398786
Persistent link: https://www.econbiz.de/10010360599
Persistent link: https://www.econbiz.de/10011312645
Persistent link: https://www.econbiz.de/10009709341
Persistent link: https://www.econbiz.de/10011547159
Persistent link: https://www.econbiz.de/10010413432
The purpose of this paper is to model the influence of Kantian moral scruples in a dynamic environment. Our objectives are two-fold. Firstly, we investigate how a Nash equilibrium among agents who have moral scruples may ensure that the exploitation of a common property renewable resource is...
Persistent link: https://www.econbiz.de/10012119755
Persistent link: https://www.econbiz.de/10012132829