Managing natural resources: Coasean bargaining versus Ostromian rules of common governance
نویسندگان
چکیده
منابع مشابه
Costly Coasean Bargaining and Property Right Security
This paper examines how transaction costs affect Coasean bargaining with secure and insecure property rights in the lab. Consistent with the theory that secure property rights lowers the cost of non-cooperation, we find that bargaining efficiency is inversely related to property right security. Less secure property rights increased economic efficiency twofold. Property owners with secure rights...
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ژورنال
عنوان ژورنال: Environmental Science & Policy
سال: 2018
ISSN: 1462-9011
DOI: 10.1016/j.envsci.2018.03.017