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The subgroup problem: When can binding voting on extractions from a common pool resource overcome the tragedy of the commons?

Authors :
Bernard, Mark
Dreber, Anna
Strimling, Pontus
Eriksson, Kimmo
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]

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