Ambec, Stefan; Garapin, Alexis; Muller, Laurent; … - In: Environmental & Resource Economics 58 (2014) 2, pp. 219-244
In a laboratory experiment we test three regulations imposed on a common-pool resource game with heterogeneous users: an access fee and subsidy scheme, transferable quotas and non-transferable quotas. We calibrate the game so that all regulations improve users’ profits compared to free-access...