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Charitable giving is one of the major obligations Islam and a strong Muslim norm endorses giving to the needy, but discourages public displays of giving. This norm is puzzling in light of previous evidence, suggesting that making donations public often increases giving. We use an experiment to...
Persistent link: https://www.econbiz.de/10010357681
We evaluate the effect of information disclosure on players' behaviour in a multi-period common pool resource game experiment run in an area of notably scarce social capital such as the Nairobi slum of Kibera. We document divergence of average withdrawal rates across time with an increasingly...
Persistent link: https://www.econbiz.de/10013067736
We reformulate the Verhulst-Lotka-Volterra model of natural resource extraction under the alternative assumptions of Cournot behaviour and perfect competition, to revisit the tragedy of commons vs the possibility of sustainable harvesting. We stress the different impact of demand elasticity on...
Persistent link: https://www.econbiz.de/10011819343
A well established dynamic model describing the impact of oligopolistic interaction on a renewable resource is revisited here to illustrate its dual interpretation as a waste removal differential game. The regulatory implications are illustrated by assuming that the public agency may control...
Persistent link: https://www.econbiz.de/10011674489
An Index of Drinking Water Adequacy (referred to as IDWA-I in this paper) was first proposed in 2007 for 23 member countries of the Asian Development Bank (ADB), and formed part of the Asian Water and Development Outlook (AWDO), 2007 brought out by the ADB. IDWA-I was obtained by averaging 5...
Persistent link: https://www.econbiz.de/10014176166
The Stern Review on the Economics of Climate Change was launched on October 30th last year. The attention it received in academic, political and popular circles worldwide has been perhaps unprecedented for a government report of its kind. Running now to nearly 700 pages, the Review contains a...
Persistent link: https://www.econbiz.de/10014053073
This article develops a formal model of the centralization of natural resource regulation, and applies that model to explain selected episodes in the history of American natural resource regulation and to critique the Supreme Court's constitutional federalism doctrine. On this model, political...
Persistent link: https://www.econbiz.de/10014084897
This article, focusing on produce and grain, discusses the environmental and climate change impacts of food production, processing, packaging, and distribution, which ultimately contributes to both economic and social costs. The article addresses environmental energy costs in the food supply
Persistent link: https://www.econbiz.de/10012913700
When confronted with market weaknesses and failures determining sustainability problems for environmental common-pool resources, economic analysis has proposed government intervention as the only alternative available. Elinor Ostrom showed that this dichotomy between market and government is not...
Persistent link: https://www.econbiz.de/10010223360
Environmental laws are designed to reduce negative externalities (such as pollution) that harm the natural environment. Copyright law should adjust the rights of content creators in order to compensate for the ways they reduce the usefulness of the information environment as a whole. Every new...
Persistent link: https://www.econbiz.de/10012746327