Search Results - subject:"Tragedy of the Commons"

Dynamic Games of Common-Property Resource Exploitation When Self-Image Matters

Van Long, Ngo - 2019

The purpose of this paper is to model the influence of Kantian moral scruples in a dynamic environment. Our objectives are two-fold. Firstly, we investigate how a Nash equilibrium among agents who have moral scruples may ensure that the exploitation of a common property renewable resource is...

Persistent link: https://www.econbiz.de/10012860769

The Market and Common-Pool Resource Problem : Surface Water Trading and Groundwater Depletion in California

Zhao, Hao - 2019

This paper examines how a surface water market affects the performance of a groundwater basin that is in open access. The market only solves the groundwater over-extraction problem when pumping costs are high, while market failure arises when the common pool resource (CPR) problem is severe. I...

Persistent link: https://www.econbiz.de/10012861233

Do Property Rights Alleviate the Problem of the Commons? Evidence from California Groundwater Rights

Ayres, Andrew B. - 2019

Property rights are widely prescribed for addressing overextraction of common pool resources, yet causal evidence of their effectiveness remains elusive. We develop a model of dynamic groundwater extraction to demonstrate how a spatial regression discontinuity design exploiting a...

Persistent link: https://www.econbiz.de/10012480212

Non-Parametric Tests of the Tragedy of the Commons

Banzhaf, H. Spencer - 2019

-parametric tests of behavior consistent with the tragedy of the commons model. Our approach derives testable implications of such … to panel data of Norwegian fishers, we find evidence rejecting the tragedy of the commons model. Significantly, we find … that rejection rates of the model increase after property rights reforms moved the fishery away from the tragedy of the …

Persistent link: https://www.econbiz.de/10012480342

"Follow the data" - what data says about real-world behavior in commons problems

Koch, Caleb M.; Nax, Heinrich H. - 2019 - This draft: October 2019

Persistent link: https://www.econbiz.de/10012132102

On the impact of trade in a common property renewable resource oligopoly

Benchekroun, Hassan; Ray Chaudhuri, Amrita; Tasneem, Dina - 2019

Persistent link: https://www.econbiz.de/10012010825

Property rights and the efficient extraction of common pool resources : evidence from West Coast groundfish

Evans, Keith; Lian, Carl E.; Weninger, Quinn R. - 2019

Persistent link: https://www.econbiz.de/10012062733

Do property rights alleviate the problem of the commons? : evidence from California groundwater rights

Ayres, Andrew B.; Meng, Kyle C.; Plantinga, Andrew - 2019

Persistent link: https://www.econbiz.de/10012118200

Freshwater as a global commons : international governance and the role of Germany

Herrfahrdt-Pähle, Elke; Scheumann, Waltina; Houdret, … - Deutsches Institut für Entwicklungspolitik - 2019

Water is essential for all life on earth and is a key prerequisite for attaining many of the Sustainable Development Goals (SDGs). Many countries, however, suffer from physical water scarcity, a lack of access to a safe water supply and sanitation, water pollution or hydrological extremes...

Persistent link: https://www.econbiz.de/10012123515

Atténuation de la tragédie des biens communs : la transmission intergénérationelle des valeurs morales

Long, Ngo Van - In: L' Actualité économique : revue d'analyse économique 95 (2019) 2/3, pp. 241-268

Persistent link: https://www.econbiz.de/10012491807