Common pool resources: strategic behavior, inefficiencies, and incomplete information
Material type: TextPublication details: Cambridge University Press Cambridge 2022Description: xviii, 204 pISBN:- 9781108926270
- 338.927 ESP
Item type | Current library | Collection | Call number | Copy number | Status | Date due | Barcode | |
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Book | Indian Institute of Management LRC General Stacks | Public Policy & General Management | 338.927 ESP (Browse shelf(Opens below)) | 1 | Available | 004478 |
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338.927 BAC The sustainable development goals: | 338.927 BRI Sustainability, technology, and finance: | 338.927 CRO The components of sustainable development: engagement and partnership | 338.927 ESP Common pool resources: | 338.927 JAC Prosperity without growth: foundations for the economy of tomorrow | 338.927 MEA Thinking in systems: | 338.927 MOH Business, government and the SDGs: |
Common Pool Resources include, for instance, fishing grounds, irrigation systems, forests and the atmosphere. Now more than ever, how we responsibly share and use those goods is a vital issue. This textbook introduces students of economics, business and policy studies to the key issues in the field. It uses a game-theory approach to help readers understand the mathematical representation of how to find equilibrium behavior in CPRs, how to identify the socially optimal appropriation, and how to measure the inefficiencies that arise. Algebra and calculus steps are clearly explained, so students can more easily reproduce the analysis and apply it in their own research. Finally, the book also summarizes experimental studies that tested theoretical results in controlled environments, introducing readers to a literature that has expanded over the last decades, and provides references for further reading.
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