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Appropriation from a common pool resource: effects...
Chapter

Appropriation from a common pool resource: effects of the characteristics of the common pool resource, the appropriators and the existence of communication

Abstract

There is a growing literature that studies the management of Common Pool Resources (CPRs) within the context of controlled laboratory experiments. A major thesis of this work is that non-binding communication (cheap talk) among appropriators of the commons may be sufficient to permit them to manage the commons efficiently without requiring an outside regulator. In this chapter we compare three CPR environments in controlled laboratory sessions …

Authors

Buckley NJ; Mestelman S; Muller RA; Rogers M; Schott S; Zhang J

Book title

World Scientific Reference on Natural Resources and Environmental Policy in the Era of Global Change

Volume

4

Pagination

pp. 15-42

Publication Date

December 1, 2016

DOI

10.1142/9747