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Recent Results of New Institutional Economics as a Basis for Analyzing Common Pool Resources

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dc.contributor.author Faysse, Nicolas en_US
dc.date.accessioned 2009-07-31T15:14:58Z
dc.date.available 2009-07-31T15:14:58Z
dc.date.issued 2002 en_US
dc.date.submitted 2002-07-01 en_US
dc.date.submitted 2002-07-01 en_US
dc.identifier.uri https://hdl.handle.net/10535/4272
dc.description.abstract This paper tries to draw some main lines in the abundant literature on economic analysis of Common Pool Resources. Some promising articles likely to pave the way to future research are more precisely presented. The paper presents the initial externality problem and describes the different ways which have been explored to enable cooperation through the paradigm of a non cooperative setting. Basically, all these approaches have tried to internalize the externalities using the game characteristics: the game outcomes, the size of the group, the game structure (e.g. repetition), the possibility of behavioral norms or the interdependency between an appropriation problem and a provision problem. Nevertheless, these approaches do not tackle the possibility of a negotiated change in the rules. The paper ends with some directions for future research. en_US
dc.language English en_US
dc.subject collective action--theory en_US
dc.subject new institutionalism en_US
dc.subject common pool resources--economics en_US
dc.subject game theory en_US
dc.subject tragedy of the commons en_US
dc.subject negotiation en_US
dc.subject heterogeneity en_US
dc.subject externalities en_US
dc.title Recent Results of New Institutional Economics as a Basis for Analyzing Common Pool Resources en_US
dc.type Working Paper en_US
dc.type.methodology Literature Review en_US
dc.publisher.workingpaperseries International Water Management Institute en_US
dc.subject.sector Theory en_US
dc.submitter.email n.faysse@cgiar.org en_US


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