Inequality and Conservation on the Local Commons: A Theoretical Exercise.

To analyse the effect of asset inequality on co-operation within a group, we consider a two-player nonco-operative model of conservation of a common-pool resource. Overexploitation by one user affects another's payoff by reducing the next-period catch. We give necessary and sufficient conditions s...

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Detalles Bibliográficos
Publicado en:Economic Journal Vol. 112; pp. 577 - 603
Autores principales: Dayton-Johnson, Jeff, Bardhan, Pranab
Formato: Artículo
Publicado: Wiley-Blackwell July 2002
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Acceso en línea:Ver este registro en EBSCOhost