Common Pool Resources

Strategic Behavior, Inefficiencies, and Incomplete Information

Common Pool Resources
Ana Espinola-Arredondo, Felix Munoz-Garcia
Our Price:
NZ$ 86.99
Paperback
Not defined - 200pg
9 Apr 2021 UK
International import eta 10-19 days
9781108926270
Out Of Stock
Currently no stock in-store, stock is sourced to your order
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.
Ana Espinola-Arredondo is a Professor in the School of Economic Sciences, Washington State University. Felix Munoz-Garcia is a Professor in the School of Economic Sciences, Washington State University.
Status: No local stock, title imported to order
ISBN-13: 9781108926270
Published: 9 Apr 2021
Published In: United Kingdom
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Format: Paperback
Pages: 200

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