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This paper considers a variation of the partnership game with imperfect public information, in which teams are semi-autonomous. The only hierarchical intervention in teamwork is when a superior is called in by a team member to adjudicate alleged cases of free-riding or unjustified lateral...
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Harvest sharing in hunter-gatherer societies takes the form of implicit taxes on renewable resources the proceeds of which are redistributed among all members of the community. It is argued that these taxes represent an evolutionary response to the dynamics of large game hunting. The implicit...
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The model presented in this paper distinguishes an industrial and an agricultural sector within a developing economy, which interact predominantly through the goods market. Investment determines saving through the Keynesian mechanism of effective demand. Environmental degradation results from...
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Introduction The objective of this paper is to provide a brief overview of the economics of resource management and to discuss policy implications. The paper is structured as follows. After a definition of the concepts of "resources" and "sustainability" in Section 2, economic theory is reviewed...
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