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- W85234538 abstract "The commons has proved a particularly satisfying metaphor for the analysis of many social problems. The common property dilemma arises when use of a resource (the commons) subtracts from its value to others, yet exclusion of users is difficult. Environmental and natural resource problems such as greenhouse gas warming, groundwater management and fishery management are obvious applications, but the fundamental structure applies to most cases in which individual actions have a negative effect on others: highway congestion and Cournot oligopoly are two examples. Accordingly, investigating whether the outcomes of common property dilemmas are well predicted by theory is likely to yield interesting results. It appears that many aspects of the institutions governing common property will influence the way in which it is used. Laboratory experiments provide experimental control over these factors and are particularly useful at sorting out the relevant contributions of each. Professor Ostmann has provided us with an interesting and informative survey of this literature. I would like to remark first on the general relationship between common property and related environments and second on his general findings. At a technical level common property dilemmas are a sub-class of the more general class of social dilemmas, which can be defined broadly as environments in which individually rational behaviour leads to sub-optimal group outcomes. The dilemma is generally modelled in a two commodity environment. We consider a fixed set of agents with preference functions defined over their consumption of a private good and a communal good produced from a common property resource." @default.
- W85234538 created "2016-06-24" @default.
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- W85234538 date "2002-01-01" @default.
- W85234538 modified "2023-09-24" @default.
- W85234538 title "Comment on Axel Ostmann" @default.
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- W85234538 doi "https://doi.org/10.1007/978-3-642-57458-0_10" @default.
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