Since any regulation of a common property resource must be selected and enforced by a government of finitely lived agents, a natural way to study common property regulation is to study the behavior of these governments. In this paper, such behavior is analyzed in an overlapping generations...

Since management of a common property resource can be undertaken only by a government of finitely lived agents, studying the behavior of such governments is a natural way to study common property management. The author proposes that we regard the choice of management objective by such a...