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crowding. In theory, if the right number of groups forms, Nash equilibrium aggregate effort should fall to the socially optimal … level. Whether individuals manage to form the efficient number of groups and to invest within the chosen groups as theory … inefficiency significantly (by 50% to 71%). We did observe systematic departures from the theory when the group sizes are not …
Persistent link: https://www.econbiz.de/10013138360
overall catch quota to a voluntary cooperative, with the remainder exploited as a commons by those choosing to fish …
Persistent link: https://www.econbiz.de/10013138469
Tragedy of the human commons is a special case of tragedy of the commons in which the common resource is composed of … trees or fish, matters for its own sake, tragedy of the human commons presents different problems and can be solved in … different ways. In this Article, we explore - and solve - one important example of tragedy of the human commons: health insurers …
Persistent link: https://www.econbiz.de/10012773311
This work examines whether the concept “Tragedy of the Commons” is still helpful to analyze environmental problems. The …
Persistent link: https://www.econbiz.de/10012942897
We investigate corruption as a social dilemma by means of a bribery game in which a risk of collective failure is introduced when the number of public officials accepting a bribe from firms reaches a certain threshold. We show that, despite the social risk, the pursuit of individual interest...
Persistent link: https://www.econbiz.de/10013002821
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The reallocation of radio spectrum to valuable new and emerging technologies and services is essential to achieving the next wave of productivity and consumer benefits driven by ICT. Currently spectrum is not allocated to the most valuable uses, particularly the large amount of spectrum held for...
Persistent link: https://www.econbiz.de/10012750280