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The subgroup problem: When can binding voting on extractions from a common pool resource overcome the tragedy of the commons?
- Source :
-
Journal of Economic Behavior & Organization . Jul2013, Vol. 91, p122-130. 9p. - Publication Year :
- 2013
-
Abstract
- Highlights: [•] We experimentally explore cooperation in a common pool resource game. [•] We test how cooperation varies with the level at which votes are aggregated. [•] Individual extractions and voting in subgroups lead to resource overextraction. [•] Voting on globally binding rules achieves the social optimum. [Copyright &y& Elsevier]
- Subjects :
- *VOTING
*COMMONS
*SOCIAL evolution
*ECONOMICS
*COOPERATION
*BEHAVIORAL economics
Subjects
Details
- Language :
- English
- ISSN :
- 01672681
- Volume :
- 91
- Database :
- Academic Search Index
- Journal :
- Journal of Economic Behavior & Organization
- Publication Type :
- Academic Journal
- Accession number :
- 89294907
- Full Text :
- https://doi.org/10.1016/j.jebo.2013.04.009