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Regeneration of Common Pool Resources

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  • Abhishek Das
  • Santanu Mitra
  • Sujit Kumar Mondal
  • Gautam Gupta

Abstract

In this article we present the results of a hybrid experimental game which was constructed by combining the Voluntary Contribution Mechanism of the Public Goods Game with the Trust Game. The new model was used to capture regeneration of Common Pool Resources (CPRs) by community members through voluntary actions, without any binding contract or monitoring. The experiment was conducted with rural subjects from Sagar and Bali Islands of the Indian Sundarbans. The results show that in contradiction to the theoretical predictions, there was high degree of voluntary contribution towards generation of common group funds (representing the CPR) and moderately high return (representing refraining from over-exploitation of the CPR) in the trust game.

Suggested Citation

  • Abhishek Das & Santanu Mitra & Sujit Kumar Mondal & Gautam Gupta, 2013. "Regeneration of Common Pool Resources," Review of Market Integration, India Development Foundation, vol. 5(2), pages 155-169, August.
    • Handle: RePEc:sae:revmar:v:5:y:2013:i:2:p:155-169
    DOI: 10.1177/0974929214521861
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    References listed on IDEAS

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    4. Steffen Andersen & Erwin Bulte & Uri Gneezy & John A. List, 2008. "Do Women Supply More Public Goods Than Men? Preliminary Experimental Evidence from Matrilineal and Patriarchal Societies," American Economic Review, American Economic Association, vol. 98(2), pages 376-381, May.
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    Cited by:

    1. Santanu Mitra & Abhishek Das & Gautam Gupta, 2020. "Community Participation with Trust: Evidence from a Framed Lab-in-field Experiment with Hybrid Game Model," Studies in Microeconomics, , vol. 8(1), pages 1-17, June.

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