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Could institutional reform have saved Easter Island?

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Author Info
R. Morris Coats () (Nicholls State University, PO Box 2015, Thibodaux, LA 70310, USA)
Thomas R. Dalton (Southern University at New Orleans, 6400 Press Drive, New Orleans, LA 70126, USA)

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Abstract

This paper extends the Brander and Taylor general-equilibrium model of population and resource management dynamics to a variety of institutional settings. The authors simulate the economic history of Easter Island, modifying the model to examine the impact of market institutions and different property-rights structures. The major finding of the paper is that modification of the economic institutions on Easter Island could have damped the feast-and-famine cycles that plagued its later history.

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Publisher Info
Article provided by Springer in its journal Journal of Evolutionary Economics.

Volume (Year): 10 (2000)
Issue (Month): 5 ()
Pages: 489-505
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Handle: RePEc:spr:joevec:v:10:y:2000:i:5:p:489-505

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Related research
Keywords: Easter Island - Property-rights institutions - Consumption rights - Common access - Private property - Population dynamics - Feast-and-famine cycles;

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Find related papers by JEL classification:
Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply (the Commons)
P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

Cited by:
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  1. DE LA CROIX, David & DOTTORI, Davide, 2007. "Easter IslandÕs collapse: A tale of a population race," CORE Discussion Papers 2007001, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
    Other versions:
  2. John C. V. Pezzey & John M. Anderies, 2002. "The Effect of Subsistence on Collapse and Institutional Adaptation in Population-resource Societies," Economics and Environment Network Working Papers 0201, Australian National University, Economics and Environment Network. [Downloadable!]
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