Relative consumption and renewable resource extraction under alternative property-rights regimes
This paper presents a simple model of resource extraction where preferences are defined over the individual’s consumption level, her effort and the comparison of her consumption with that of other members of the community. Our specification captures the intuition that lies behind the growing body of...
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Volume: | 33 |
---|---|
Main Author: |
Alvarez-Cuadrado, Francisco
Van Long, Ngo |
Format: | Journal Article |
Language: | English |
Zielgruppe: |
Academic |
Place of publication: |
AMSTERDAM Elsevier B.V 2011 ELSEVIER Elsevier |
published in: | Resource and energy economics Vol. 33; no. 4; pp. 1028 - 1053 |
Data of publication: | 2011 |
ISSN: |
0928-7655 1873-0221 |
EISSN: |
1873-0221 |
Discipline: | Economics Environmental Sciences |
Series: |
Resource and Energy Economics |
Subjects: | |
Online Access: | available in Bonn? |
Database: | Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2011 Web of Knowledge Web of Science RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Database information Databases - DBIS |