Showing 1 - 10 of 2,850
This paper develops and tests a theory of common property deforestation over space. The model examines both the spatial distribution of forest loss and the total amount of deforestation within a given community, showing how these outcomes are jointly determined. We estimate the equations of the...
Persistent link: https://www.econbiz.de/10014053098
The institutional and ecological structure of Hardin’s “tragedy of the commons” appears deceptively simple: the open … “tragedy of the commons” probably would not arise regardless of the pasture’s open-access status …
Persistent link: https://www.econbiz.de/10014151273
The purpose of this chapter is to identify the reasons for collective action failures and successes in natural resource management, and to understand, in the light of economic theory, the mode of operation of the factors involved whenever possible. In the first section, we clarify the notion of...
Persistent link: https://www.econbiz.de/10014023941
The present work is a collection of essays. The first one is new, written for the collection. Then follows 7 separate essays of varying age. They are named * On the classifications of property rights * A property rights perspective on institutional change in the welfare state * On the nature of...
Persistent link: https://www.econbiz.de/10014548299
A local public-good game played on directed networks is analyzed. The model is motivated by one-way flows of hydrological influence between cities of a river basin that may shape the level of their contribution to the conservation of wetlands. It is shown that in many (but not all) directed...
Persistent link: https://www.econbiz.de/10014187527
This paper reconsiders evidence from experimental common pool resource games from the perspective of a model of payoff sampling. Despite being parameter-free, the model is able to replicate some striking features of the data, including single-peaked frequency distributions, the persistent use of...
Persistent link: https://www.econbiz.de/10014155091
mechanisms for external effects. CD piracy shows similarities to the problems that exist with the provision of Global Commons (in …
Persistent link: https://www.econbiz.de/10014075613
cooperative games, in particular in the case of Commons goods. After recalling that blockchains are a specific type of Commons … goods we dwell on Ostrom’s theory of the governance of the Commons, in particular on her design principles to analyze MEV …
Persistent link: https://www.econbiz.de/10014078059
Garrett Hardin’s “The Tragedy of the Commons” (1968) has been incredibly influential generally and within economics … tragedy of the commons has fared within the economics literature and its relevance for economic and public policies today. We …, that of conflating resource with governance and conflating open access with commons. This critical discussion leads us to …
Persistent link: https://www.econbiz.de/10014104247
Preserving global public goods, such as the planet's ecosystem, depends on large-scale cooperation, which is difficult to achieve because the standard reciprocity mechanisms weaken in large groups. Here we demonstrate a method by which reciprocity can maintain cooperation in a large-scale public...
Persistent link: https://www.econbiz.de/10013000436