Citation
Discussion Paper Details
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Full Details
Title: Appropriating the Commons - A Theoretical Explanation
Author(s): Armin Falk, Ernst Fehr and Urs Fischbacher
Publication Date: August 2001
Keyword(s): common pool resources, experiments, fairness, fairness models, game theory and reciprocity
Programme Area(s): Industrial Organization
Abstract: In this Paper we show that a simple model of fairness preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation is the rule. When communication or informal sanctions are available, however, appropriation behaviour is more efficient. Our analysis shows that these regularities arise naturally when a fraction of the subjects exhibits reciprocal preferences.
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Bibliographic Reference
Falk, A, Fehr, E and Fischbacher, U. 2001. 'Appropriating the Commons - A Theoretical Explanation'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=2925