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The Ecological and Civil Mainsprings of Property: An Experimental Economic History of Whalers’ Rules of Capture

Author

Listed:
  • Bart J. Wilson

    (Economic Science Institute, Chapman University)

  • Taylor Jaworski

    (Department of Economics, University of Arizona)

  • Karl Schurter

    (Department of Economics, University of Virginia)

  • Andrew Smyth

    (Department of Economics, Florida State University)

Abstract

This paper uses a laboratory experiment to probe the proposition that property emerges anarchically out of social custom. We test the hypothesis that whalers in the 18th and 19th century developed rules of conduct that minimized the sum of the transaction and production costs of capturing their prey, the primary implication being that different ecological conditions lead to different rules of capture. Holding everything else constant, we find that simply imposing two different types of prey is insufficient to observe two different rules of capture. Another factor is essential, namely that the members of the community are civil-minded.

Suggested Citation

  • Bart J. Wilson & Taylor Jaworski & Karl Schurter & Andrew Smyth, 2010. "The Ecological and Civil Mainsprings of Property: An Experimental Economic History of Whalers’ Rules of Capture," Working Papers 10-12, Chapman University, Economic Science Institute.
  • Handle: RePEc:chu:wpaper:10-12
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    File URL: http://www.chapman.edu/ESI/wp/Wilson_Whaling.pdf
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    References listed on IDEAS

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    7. Taylor Jaworski & Bart J. Wilson, 2013. "Go West Young Man: Self‐Selection and Endogenous Property Rights," Southern Economic Journal, John Wiley & Sons, vol. 79(4), pages 886-904, April.
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    Cited by:

    1. Erik O. Kimbrough & Alexander Vostroknutov, 2016. "Norms Make Preferences Social," Journal of the European Economic Association, European Economic Association, vol. 14(3), pages 608-638, June.
    2. Kimbrough, Erik O. & Wilson, Bart J., 2013. "Insiders, outsiders, and the adaptability of informal rules to ecological shocks," Ecological Economics, Elsevier, vol. 90(C), pages 29-40.
    3. Bart Wilson, 2015. "Further towards a theory of the emergence of property," Public Choice, Springer, vol. 163(1), pages 201-222, April.
    4. Ahn, T.K. & Loukas, Balafoutas & Batsaikhan, Mongoljin & Campos-Ortiz, Francisco & Putterman, Louis & Sutter, Matthias, 2018. "Trust and communication in a property rights dilemma," Journal of Economic Behavior & Organization, Elsevier, vol. 149(C), pages 413-433.
    5. Taylor Jaworski & Bart J. Wilson, 2013. "Go West Young Man: Self‐Selection and Endogenous Property Rights," Southern Economic Journal, John Wiley & Sons, vol. 79(4), pages 886-904, April.
    6. Neil Martin, 2016. "Strategy as Mutually Contingent Choice," SAGE Open, , vol. 6(2), pages 21582440166, May.
    7. Peter Katuščák & Tomáš Miklánek, 2023. "What drives conditional cooperation in public good games?," Experimental Economics, Springer;Economic Science Association, vol. 26(2), pages 435-467, April.
    8. Joy Buchanan & Bart Wilson, 2014. "An experiment on protecting intellectual property," Experimental Economics, Springer;Economic Science Association, vol. 17(4), pages 691-716, December.
    9. Faillo, Marco & Rizzolli, Matteo & Tontrup, Stephan, 2019. "Thou shalt not steal: Taking aversion with legal property claims," Journal of Economic Psychology, Elsevier, vol. 71(C), pages 88-101.
    10. Andreas, Diekmann & Przepiorka, Wojtek, 2015. "“Take One for the Team!” Individual Heterogeneity and the Emergence of Latent Norms in a Volunteer's Dilemma," SocArXiv q9xj6, Center for Open Science.
    11. Roger D. Congleton, 2018. "Toward a Rule-Based Model of Human Choice: On the Nature of Homo Constitutionalus," Working Papers 18-09, Department of Economics, West Virginia University.
    12. Roger D. Congleton, 2015. "The Logic of Collective Action and Beyond," Working Papers 15-23, Department of Economics, West Virginia University.
    13. Wakamatsu, Mihoko & Anderson, Christopher M., 2018. "The Endogenous Evolution of Common Property Management Systems," Ecological Economics, Elsevier, vol. 154(C), pages 211-217.
    14. Marco Faillo & Matteo Rizzolli & Stephan Tontrup, 2016. "Thou shalt not steal (from hard-working people)An experiment on respect for property claims," Econometica Working Papers wp58, Econometica.
    15. Roger Congleton, 2015. "The Logic of Collective Action and beyond," Public Choice, Springer, vol. 164(3), pages 217-234, September.

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    More about this item

    Keywords

    property rights; endogenous rules; whaling; experimental economics;
    All these keywords.

    JEL classification:

    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative

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