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produce a tragedy of the commons - privacy injuries will create such a tragedy in the online environment, while environmental …
Persistent link: https://www.econbiz.de/10014223474
WHAT IS the most immediate tool of empowerment you can provide a person? Ask an economist. Or ask a laborer who has been moved to the outskirts of the city as a part of the quot;big-progressive resettlement schemequot;. Or ask a student. The most likely answer you will get is:...
Persistent link: https://www.econbiz.de/10012718470
A framework is proposed to subsume public goods and common-pool resources, respectively, as specific cases of positive and negative externalities. A pure public good is a positive externality whose appropriable benefits are too small or too uncertain relative to the high private cost for anyone...
Persistent link: https://www.econbiz.de/10010530530
Experimental and observational studies have highlighted the importance of agents being conditionally cooperative when facing a social dilemma. We formalize this mechanism in a theoretical model that portrays a small community having joint access to a common pool resource. The diffusion of norms...
Persistent link: https://www.econbiz.de/10010189315
about their content makes them a poor foundation on which to build public policy. (3) Lack of an adequate theory: Even if … theory that allows one to make accurate predictions about the causes and effects of norms. The first two objections have … relatively easy answers. The third is fundamental. We outline a theory that treats norm-created informational privacy as a …
Persistent link: https://www.econbiz.de/10012927206
We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...
Persistent link: https://www.econbiz.de/10011476544
We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...
Persistent link: https://www.econbiz.de/10012990864
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
Christmas shoppers as an example of how short-sighted politicians create a "Tragedy of the Commons." I argue that this example …
Persistent link: https://www.econbiz.de/10014065333
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