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Persistent link: https://www.econbiz.de/10001409511
This paper develops and applies a new method for estimating the economic benefits of an environmental amenity. The method fits within the household production framework and is based upon the notion of estimating the derived demand for a privately traded option to utilize a freely-available...
Persistent link: https://www.econbiz.de/10014074362
-east Atlantic mackerel fishery in the presence of externalities. Atlantic mackerel is mainly exploited by the European Union (EU …
Persistent link: https://www.econbiz.de/10012945424
William Forster Lloyd's 1833 sketch about poor cattle on the commons and the well-fed animals on the adjacent … treated by fisheries economists, at first in unknown publications of Jens Warming in 1911 and 1931, and after a disruption of … increased awareness to the "tragedy of the commons" and Elenor Ostrom's 2009 nobel prize in economics finally underlined the …
Persistent link: https://www.econbiz.de/10010252203
Many developing countries depend crucially on open-access renewable natural resources (NR). Trade is generally viewed as hurting the long-term health of NR in commodity-exporting countries. I examine whether trade might be beneficial in the case of population growth. Dynamic general equilibrium...
Persistent link: https://www.econbiz.de/10015066368
Persistent link: https://www.econbiz.de/10001200993
restraint or without. The fish stock is in either of two states, High or Low, and in the latter each action pair yields lower … payoffs. Restraint is harmless to the fish, but it is a dominated strategy in each stage game. Absence of restraint damages …
Persistent link: https://www.econbiz.de/10008809595
Agents interacting on a body of water choose between technologies to catch fish. One is harmless to the resource, as it …
Persistent link: https://www.econbiz.de/10009152977
We test whether a descriptive norm-nudge is a suitable policy tool to increase cooperation in a social dilemma when decisions are taken by teams, not individuals. 10 Each team in our experiment comes from a different fishing boat at Lake Victoria, Tanzania. The provision of a norm-nudge is...
Persistent link: https://www.econbiz.de/10012816792
Preventing overfishing at Lake Victoria is a typical situation where policies have to rely on norm-based interventions to improve outcomes. Our lab-in-the-field experiment studies how information about high or low levels of previous cooperation affects the creation of social norms in a...
Persistent link: https://www.econbiz.de/10012214929