Farzin, Yeganeh Hossein; Akao, K. I. - In: Environmental economics and policy studies 17 (2015) 1, pp. 1-26
We show that in poor resource-based communities, the socio-psychological preference for employment, which arises from a strong desire to follow the communal norm of sharing in harvesting efforts, can lead to the optimality of full-employment harvesting until resource extinction. We show that...