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Does inequality lead to greater efficiency in the use of local commons? The role of strategic investments in capacity

  • Aggarwal, Rimjhim M.
  • Narayan, Tulika A.
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    Article provided by Elsevier in its journal Journal of Environmental Economics and Management.

    Volume (Year): 47 (2004)
    Issue (Month): 1 (January)
    Pages: 163-182

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    Handle: RePEc:eee:jeeman:v:47:y:2004:i:1:p:163-182
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    1. Bradford L. Barham & Jean-Paul Chavas & Oliver T. Coomes, 1998. "Sunk Costs and the Natural Resource Extraction Sector: Analytical Models and Historical Examples of Hysteresis and Strategic Behavior in the Americas," Land Economics, University of Wisconsin Press, vol. 74(4), pages 429-448.
    2. Aggarwal, Rimjhim M., 2000. "Possibilities and Limitations to Cooperation in Small Groups: The Case of Group-Owned Wells in Southern India," World Development, Elsevier, vol. 28(8), pages 1481-1497, August.
    3. Dixit, Avinash, 1979. "The Role of Investment in Entry-Deterrence," The Warwick Economics Research Paper Series (TWERPS) 140, University of Warwick, Department of Economics.
    4. Knapp Keith C. & Olson Lars J., 1995. "The Economics of Conjunctive Groundwater Management with Stochastic Surface Supplies," Journal of Environmental Economics and Management, Elsevier, vol. 28(3), pages 340-356, May.
    5. Cornes, Richard & Mason, Charles F & Sandler, Todd, 1986. "The Commons and the Optimal Number of Firms," The Quarterly Journal of Economics, MIT Press, vol. 101(3), pages 641-46, August.
    6. Provencher Bill & Burt Oscar, 1993. "The Externalities Associated with the Common Property Exploitation of Groundwater," Journal of Environmental Economics and Management, Elsevier, vol. 24(2), pages 139-158, March.
    7. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124.
    8. Copeland, Brian R., 1990. "Strategic enhancement and destruction of fisheries and the environment in the presence of international externalities," Journal of Environmental Economics and Management, Elsevier, vol. 19(3), pages 213-226, November.
    9. A. Michael Spence, 1977. "Entry, Capacity, Investment and Oligopolistic Pricing," Bell Journal of Economics, The RAND Corporation, vol. 8(2), pages 534-544, Autumn.
    10. Baland, Jean-Marie & Platteau, Jean-Philippe, 1997. "Wealth Inequality and Efficiency in the Commons: Part I: The Unregulated Case," Oxford Economic Papers, Oxford University Press, vol. 49(4), pages 451-82, October.
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