Regulation and Evolution of Compliance in Common Pool Resources

B-Tier
Journal: Scandanavian Journal of Economics
Year: 2005
Volume: 107
Issue: 3
Pages: 583-599

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The evolution of compliance with regulation and the evolution of a CPR stock are modeled jointly in a setup where replicator dynamics describing compliance with harvesting rules are combined with resource stock dynamics. This evolutionary approach suggests that in long‐run equilibrium, coexistence of both cooperative and non‐cooperative rules is possible under regulation. Stock effects on profits and a certain structure of auditing probabilities could imply the emergence of a limit cycle in areas of low stock levels, as an equilibrium outcome. It might be easier for the regulator to obtain full compliance under precommitment to fixed auditing probabilities.

Technical Details

RePEc Handle
repec:bla:scandj:v:107:y:2005:i:3:p:583-599
Journal Field
General
Author Count
1
Added to Database
2026-01-29