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In a laboratory experiment we test three regulations imposed on a common-pool resource game with heterogeneous users: an access fee and subsidy scheme, transferable quotas and non-transferable quotas. We calibrate the game so that all regulations improve users’ profits compared to free-access...
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[eng] We conduct a laboratory experiment to test three regulations imposed on a common-pool resource game : an access fee and subsidy system, transferable quotas , and non-transferable quotas. Theory predicts that they all reduce resource use from free access to the same target level without...
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We test in a laboratory experiment three regulations imposed on a common-pool resource game: an access fee and subsidy scheme, transferable quotas and non-transferable quotas. Theory predicts that they all reduce resource use from free access to the same target level without hurting users. We...
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