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Multiple Interactions and the Management of Local Commons

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  • DAMIEN S. ELDRIDGE

Abstract

We provide a model in which relatively isolated communities can successfully manage local commons informally in circumstances where less isolated communities could not do so. The reason for this is the non-anonymous nature of many interactions between the members of an isolated community. Such communities may be able to use these multiple interactions to enforce informal restrictions on the usage of local commons. Copyright © 2009 The Economic Society of Australia.

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  • Damien S. Eldridge, 2009. "Multiple Interactions and the Management of Local Commons," The Economic Record, The Economic Society of Australia, vol. 85(270), pages 344-349, September.
    • Handle: RePEc:bla:ecorec:v:85:y:2009:i:270:p:344-349
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    References listed on IDEAS

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    1. Damien S. Eldridge, 2009. "Multiple Interactions and the Management of Local Commons," The Economic Record, The Economic Society of Australia, vol. 85(270), pages 344-349, September.
    2. Simon Johnson & John McMillan & Christopher Woodruff, 2002. "Property Rights and Finance," American Economic Review, American Economic Association, vol. 92(5), pages 1335-1356, December.
    3. Cornes,Richard & Sandler,Todd, 1996. "The Theory of Externalities, Public Goods, and Club Goods," Cambridge Books, Cambridge University Press, number 9780521477185, May.
    4. De Long, J Bradford & Shleifer, Andrei, 1993. "Princes and Merchants: European City Growth before the Industrial Revolution," Journal of Law and Economics, University of Chicago Press, vol. 36(2), pages 671-702, October.
    5. Elinor Ostrom & Roy Gardner, 1993. "Coping with Asymmetries in the Commons: Self-Governing Irrigation Systems Can Work," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 93-112, Fall.
    6. Scully, Gerald W, 1988. "The Institutional Framework and Economic Development," Journal of Political Economy, University of Chicago Press, vol. 96(3), pages 652-662, June.
    7. B. Douglas Bernheim & Michael D. Whinston, 1990. "Multimarket Contact and Collusive Behavior," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 1-26, Spring.
    8. Grafton, R Quentin & Squires, Dale & Fox, Kevin J, 2000. "Private Property and Economic Efficiency: A Study of a Common-Pool Resource," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 679-713, October.
    9. Pranab Bardhan, 1993. "Symposium on Management of Local Commons," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 87-92, Fall.
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    Cited by:

    1. Damien S. Eldridge, 2009. "Multiple Interactions and the Management of Local Commons," The Economic Record, The Economic Society of Australia, vol. 85(270), pages 344-349, September.
    2. Damien S Eldridge, 2008. "Sharing the greenhouse: Inducing cooperation in a global common," Working Papers 2008.07, School of Economics, La Trobe University.

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