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Books > Social sciences > Politics & government
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Rules, Games and Common-pool Resources (Paperback)
Loot Price: R1,045
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Rules, Games and Common-pool Resources (Paperback)
Series: Ann Arbor Books
Expected to ship within 12 - 19 working days
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While the tragedy of the commons is real, there are many instances
where institutions develop to protect against overexploitation. In
this important work, the authors explore empirically,
theoretically, and experimentally the nature of such institutions
and the way they come about. Forests, irrigation systems,
fisheries, groundwater basins, grazing lands, and the air we
breathe are all examples of common-pool resources (CPRs). Because
no one has property rights or control over such a resource, users
of CPRs are frequently assumed to be caught in an inescapable
dilemma - overexploitation of the resource, or what is commonly
known as "the tragedy of the commons." Many well-documented
examples of overexploitation exist. The users of commonly held
resources have, however, in many instances overcome incentives to
destroy the resources and have developed long-enduring institutions
that enabled them to utilize these resources more effectively.
Understanding the conditions under which users of CPRs successfully
develop and maintain effective institutions is critical to
facilitating improved resource policies. Using the analytic tools
of game theory and institutional analysis and an empirical
foundation based on controlled laboratory experiments and field
data, this book explores endogenous institutional development.
Specifically, this research focuses on three questions. In CPR
dilemmas, to what degree are the predictions about behavior and
outcomes derived from noncooperative game theory supported by
empirical evidence? Where behavior and outcomes are substantially
different from the predicted, are there behavioral regularities
that can be drawn upon in the development of improved theories?
What types of institutional and physical variables affect the
likelihood of successful resolution of CPR dilemmas? This is a work
of important relevance to all studying environmental issues from a
wide variety of disciplinary perspectives.
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