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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Publicado en:Economic Journal Vol. 112; pp. 577 - 603
Autores principales: Dayton-Johnson, Jeff, Bardhan, Pranab
Formato: Artículo
Publicado: Wiley-Blackwell July 2002
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        10.1111/1468-0297.00731
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        atl: Inequality and Conservation on the Local Commons: A Theoretical Exercise.
      aug:
        au:
          Dayton-Johnson, Jeff
          Bardhan, Pranab
      su:
        Resource allocation -- Mathematical models
        Fisheries
        Mathematical models
        Conservation of natural resources
        Commons dilemma game
      sug:
        subj:
          Resource allocation -- Mathematical models
          Fisheries
          Mathematical models
          Conservation of natural resources
          Commons dilemma game
      ab: 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 such that conservation is a Nash equilibrium, and show that increasing inequality does not, in general, favour full conservation. However, once inequality is sufficiently great, further inequality can raise efficiency. Thus, the relationship between inequality and economic efficiency is U-shaped. Finally, we analyse the implications for conservation if players have earning opportunities outside the commons. Reproduced by permission of the publisher.
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      src: R
    language: English
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