The distributional impact of common-pool resource regulations
Purpose - Regulating common-pool resources is welfare enhancing for society but not necessarily for all users who may therefore oppose regulations. The purpose of this paper is to examine the short-term impact of common-pool resource regulations on welfare distribution. Design/methodology/approach - The authors model a game of common-pool resource extraction among heterogeneous users. Findings - It was found that market-based regulations such as fees and subsidies or tradable quotas achieve a higher reduction of extraction from free-access than individual quotas with the same proportion of better-off users. Also, they make more users better-off for the same resource preservation. Originality/value - The quota regulation has attractive fairness properties: it reduces inequality while still rewarding the more efficient users.
(This abstract was borrowed from another version of this item.)
|Date of creation:||Dec 2010|
|Contact details of provider:|| Postal: manufacture des Tabacs, 21 allée de brienne, 31200 Toulouse|
Phone: (+33) 5 61 12 86 23
Web page: http://www.toulouse.inra.fr/lerna/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Clark, Colin W. & Munro, Gordon R. & Sumaila, Ussif Rashid, 2005. "Subsidies, buybacks, and sustainable fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 50(1), pages 47-58, July.
- Burton, Peter S., 2003.
"Community enforcement of fisheries effort restrictions,"
Journal of Environmental Economics and Management,
Elsevier, vol. 45(2, Supple), pages 474-491, March.
- Burton, P.S., 2001. "Community Enforcement of Fisheries Effort Restrictions," Department of Economics at Dalhousie University working papers archive 2001-01, Dalhousie, Department of Economics.
- Fleurbaey, Marc, 2012. "Fairness, Responsibility, and Welfare," OUP Catalogue, Oxford University Press, number 9780199653591.
- Fleurbaey, Marc, 2008. "Fairness, Responsibility, and Welfare," OUP Catalogue, Oxford University Press, number 9780199215911.
- Baland, Jean-Marie & Francois, Patrick, 2005. "Commons as insurance and the welfare impact of privatization," Journal of Public Economics, Elsevier, vol. 89(2-3), pages 211-231, February.
- BALAND, Jean-Marie & FRANCOIS, Patrick, "undated". "Commons as insurance and the welfare impact of privatization," CORE Discussion Papers RP 1782, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Jean-Marie Baland & Patrick Francois, 2003. "Commons as Insurance and the Welfare Impact of Privatization," The Centre for Market and Public Organisation 03/069, Department of Economics, University of Bristol, UK.
- Jeff Dayton-Johnson & Pranab Bardhan, 2002. "Inequality And Conservation On The Local Commons: A Theoretical Exercise," Economic Journal, Royal Economic Society, vol. 112(481), pages 577-602, July.
- Dayton-Johnson, Jeff & Bardhan, Pranab, 1996. "Inequality and Conservation on the Local Commons: A Theoretical Exercise," Center for International and Development Economics Research, Working Paper Series qt7f9913w9, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Jeff Dayton-Johnson and Pranab Bardhan., 1996. "Inequality and Conservation on the Local Commons: A Theoretical Exercise," Center for International and Development Economics Research (CIDER) Working Papers C96-071, University of California at Berkeley.
- Baland, Jean-Marie & Platteau, Jean-Philippe, 2003. "Economics of common property management regimes," Handbook of Environmental Economics,in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 4, pages 127-190 Elsevier.
- Ambec, Stefan & Hotte, Louis, 2006. "On the redistributive impact of privatizing a resource under imperfect enforcement," Environment and Development Economics, Cambridge University Press, vol. 11(06), pages 677-696, December.
- Ambec, S. & Hotte, L., 2003. "On the redistributive impact of privitazing a resource under imperfect enforcement," Working Papers 200302, Grenoble Applied Economics Laboratory (GAEL).
- Sethi, Rajiv & Somanathan, E, 1996. "The Evolution of Social Norms in Common Property Resource Use," American Economic Review, American Economic Association, vol. 86(4), pages 766-788, September.
- Weitzman, Martin L., 1974. "Free access vs private ownership as alternative systems for managing common property," Journal of Economic Theory, Elsevier, vol. 8(2), pages 225-234, June. Full references (including those not matched with items on IDEAS)