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Garrett Hardin's “The Tragedy of the Commons” (Hardin, 1968) is widely influential but fundamentally incorrect. Hardin … characterizes the commons problem as arising from the exercise of free will in a world with limited carrying capacity. Hardin …), Coase (1960), and Demsetz (1967) – shows that the commons problem arises from non-exclusive use rights. Non-exclusivity is …
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We study the conditions under which effective institutions of commons management emerge in a context … that the presence of costly specialization can facilitate the emergence of effective commons-management institutions. In … rights allows groups to avoid the tragedy of the commons …
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We study experimentally a two-stage common pool resource game. In the first stage, selected members of the group determine the level of protection for the resource. The protected fraction of the resource is equally shared among group members. In the second stage, the unprotected fraction of the...
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