"Many natural resources can be effectively exploited mainly by using capital-intensive technologies. We develop a bargaining model with endogenous inside and outside options to analyze the interactions between local communities having at least some degree of informal claims over natural...

This paper focuses on the interactions between local communities having at least some degree of informal claims over natural resources and external agents, particularly firms interested in commercial resource exploitation. The paper makes three contributions to the existing literature. First,...

Nature is perceived and valued in many different ways. Often, the types of values that are the most important to people depend on how they cognitively frame desirable human-nature relations. For instance, the value of nature can be seen through a utilitarian lens, e.g., as providing ecosystem...

Natural resource management often involves social dilemmas. Institutional and behavioural economics have shown that other-regarding preferences and pro-social behaviour can help overcome such dilemmas. Interventions that induce resource users to consider a perspective broader than their own may...