Showing 1 - 10 of 110
This paper uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and nonbinding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Each group...
Persistent link: https://www.econbiz.de/10009444453
Observed choices in Social Dilemma Games usually take the form of bounded integers. We propose a doubly-truncated count data framework to process such data. We compare this framework to past approaches based on ordered outcomes and truncated continuous densities using Bayesian estimation and...
Persistent link: https://www.econbiz.de/10005426912
A main research focus in many Social Dilemma Games is the suitability of external institutional treatments in inducing socially optimal outcomes. It is likely that participating subjects exhibit unobserved heterogeneity in their reaction to these treatments. This type of “institutional...
Persistent link: https://www.econbiz.de/10010856245
We examine individual harvesters’ preferences for government enforcement of a quota imposed on the exploitation of a common pool resource. We develop a model of Nash behavior by identical risk neutral harvesters to explain individual equilibrium preferences for enforcement of an efficient...
Persistent link: https://www.econbiz.de/10010856249
With data from framed common pool resource experiments conducted with artisanal fishing communities in Colombia, we estimate a hierarchical linear model to investigate within-group and between-group variation in individual harvest strategies across several institutions. Our results suggest that...
Persistent link: https://www.econbiz.de/10005687112
This paper uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and nonbinding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Each group...
Persistent link: https://www.econbiz.de/10005687117
This article uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and non-binding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Our...
Persistent link: https://www.econbiz.de/10008852049
This paper uses laboratory experiments to test individual responses to policies that seek to encourage firms to voluntarily discover and disclose violations of environmental standards. We find that while it is possible to motivate a significant number of voluntary disclosures without adversely...
Persistent link: https://www.econbiz.de/10009467770
Since firms in an emissions trading program are linked together through a permit market, so too are their compliance choices. Thus, enforcement strategies for trading programs must account for not only the direct effects of enforcement on compliance and emissions decisions, but also the indirect...
Persistent link: https://www.econbiz.de/10009468026
This paper uses laboratory experiments to test the theoretical observations that both the violations of competitive risk-neutral firms and the marginal effectiveness of increased enforcement across firms are independent of differences in their abatement costs and their initial allocations of...
Persistent link: https://www.econbiz.de/10009444461