Non-cooperative institutions for sustainable common pool resource management: Application to groundwater

摘要: As demands for limited natural resources increase, developing management institutions that ensure the sustainability of such is essential. Many are Common Pool Resources (CPRs), managed under different non-cooperative, cooperative, and externally imposed frameworks. While early studies non-cooperative CPR suggest inevitable “tragedy commons,” here we discuss how users can avoid tragic outcomes by changing their decision making rationales exploitation strategies even in a environment. This paper introduces compares various types available to manage CPRs. These then applied, using numerical groundwater example, determine planning variables affected choice institution. Results indicate improve gains considering externalities long-term plans, as opposed short-term plans with no consideration result rapid exhaustion resource lead so-called commons.”