This paper examines a characteristic of common property problems unmodeled in the published literature: Extracted common reserves are aften stored privately rather than immediately. We examine the positive and normative effects of such storage.
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Paper provided by Universite de Montreal, Departement de sciences economiques in its series Cahiers de recherche with number
9704.
Find related papers by JEL classification: Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply
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Michael Kremer & Charles Morcom, 2000.
"Elephants,"
American Economic Review,
American Economic Association, vol. 90(1), pages 212-234, March.
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