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Inequality and Conservation on the Local Commons

A Theoretical Exercise

Dados Bibliográficos

ID9718166
AutoresJeff Dayton‐Johnson (Dalhousie University), Pranab Bardhan (0000-0002-2378-9281, University of California, Berkeley)
Ano2002
Volume112
Fascículo481
Páginas577-602
Data de publicação2002-07-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Economic Journal (JOURNAL)
Identificadores do periódicoISSN: 0013-0133 • E-ISSN: 1468-0297
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1111/1468-0297.00731
OpenAlexW2136113487
IdiomaEN
Citações recebidas43
Referências citadas19

To analyze the effect of asset inequality on cooperation within a group, we consider a two-player noncooperative model of conservation of a common-pool resource (CPR): a fishery. We give necessary and sufficient conditions such that conservation is a Nash equilibrium, and we show that increasing inequality does not, in general, favor full conservation. However, once inequality is sufficiently great, further inequality may push the players closer to efficiency. Thus the relationship between inequality and economic efficiency is U-shaped. We analyze the implications for conservation if players have earning opportunities outside the commons. Finally, we consider various schemes of community regulation of the commons in the light of the noncooperative model with or without exit options. We find that increases in inequality may restrict the range of implementable mechanisms

Asset (computer security · Common-pool resource · Commons · Economics · Inequality · Microeconomics · Nash equilibrium · Natural resource economics · Nature Conservation · Overexploitation · Stochastic game · Tragedy of the commons · Computer Science · Ecology · Economic and Environmental Valuation · Economic theories and models · Experimental Behavioral Economics Studies · Mathematics

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Obras citantes distintas43
Citações por ano1,65
Intervalo de citações2000 - 2026 (27)
Velocidade de citaçãocurrent
Altamente citadoNão
Tipos de citaçãoNeutras: 41
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