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Centralized and Decentralized Management of Local Common Pool Resources in the Developing World: Experimental Evidence from Fishing Communities in Colombia

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dc.contributor.author Velez, Maria Alejandra en_US
dc.contributor.author Murphy, James J. en_US
dc.contributor.author Stranlund, John en_US
dc.date.accessioned 2009-07-31T15:17:00Z
dc.date.available 2009-07-31T15:17:00Z
dc.date.issued 2006 en_US
dc.date.submitted 2008-12-08 en_US
dc.date.submitted 2008-12-08 en_US
dc.identifier.uri https://hdl.handle.net/10535/4424
dc.description.abstract "This paper uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and nonbinding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Each group of five subjects played 10 rounds of an open access common pool resource game, and 10 additional rounds under one of five institutions communication alone, two external regulations that differed by the level of enforcement, and communication combined with each of the two regulations. Our results suggest that the hypothesis of a complementary relationship between communication and external regulation is supported for some combinations of regions and regulations, but cannot be supported in general. We therefore conclude that the determination of whether formal regulations and informal communication are complementary must be made on a community-by-community basis." en_US
dc.relation.ispartofseries Working Paper No. 2006-3 en_US
dc.subject common pool resources en_US
dc.subject experimental economics en_US
dc.subject institutions en_US
dc.subject communication en_US
dc.subject regulation en_US
dc.title Centralized and Decentralized Management of Local Common Pool Resources in the Developing World: Experimental Evidence from Fishing Communities in Colombia en_US
dc.type Working Paper en_US
dc.publisher.workingpaperseries University of Massachusetts Amherst, Department of Resource Economics, MA en_US
dc.coverage.region South America en_US
dc.coverage.country Colombia en_US
dc.subject.sector Fisheries en_US
dc.submitter.email efcastle@indiana.edu en_US


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