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Experimental Investigation of Voting over Common Pool Resources

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dc.contributor.author Holahan, Robert en_US
dc.date.accessioned 2009-07-31T14:32:04Z
dc.date.available 2009-07-31T14:32:04Z
dc.date.issued 2009 en_US
dc.date.submitted 2009-07-14 en_US
dc.date.submitted 2009-07-14 en_US
dc.identifier.uri https://hdl.handle.net/10535/769
dc.description.abstract "Common pool resource systems are governed by a wide variety of institutions designed to promote long run resource viability. Relatively little work has focused on the use of majority rule voting in managing resource stocks. This paper develops a theoretical and experimental framework for assessing the efficiency of majority rule voting in allocating appropriation rights to a group of resource users. By varying the distribution of individual capacities to appropriate, but keeping the aggregate level constant, we find that systems dominated by large scale appropriators collectively extract more of the resource than systems dominated by small scale appropriators, whether or not voting is used. When voting is used, the resulting policies are more extractive under systems dominated by large scale appropriators." en_US
dc.subject common pool resources en_US
dc.subject experimental economics en_US
dc.subject majority rule en_US
dc.subject voting en_US
dc.title Experimental Investigation of Voting over Common Pool Resources en_US
dc.type Conference Paper en_US
dc.subject.sector Social Organization en_US
dc.identifier.citationconference Workshop on the Workshop 4 en_US
dc.identifier.citationconfdates June 3-6, 2009 en_US
dc.identifier.citationconfloc Indiana University Bloomington en_US


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