We provide a model in which small and relatively isolated communities can successfully manage local commons informally in circumstances where larger or less isolated communities could not do so. The reason for this is the non-anonymous nature of many interactions between the members of a small...

This paper studies the dynamic evolution of an economy in which parents can choose to send their child to a public or private school and vote over taxes used to fund public schools. The objective is to study growth and the evolution of income distribution in a model where alternative education...