Common ownership of public goods

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2020
Volume: 180
Issue: C
Pages: 555-578

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We analyze ownership of public goods in a repeated game focusing on common ownership. Under common ownership an owner’s access to the public good cannot be restricted by other owners. We find that under common ownership both the value of the relationship and the gain from deviation are high. Common ownership can provide the best incentives for cooperation when the value of the public good cannot be increased much by maintenance investments or the maintenance costs are sufficiently convex. We argue that these conditions are satisfied in Ostrom’s field studies of irrigation systems and common lands.

Technical Details

RePEc Handle
repec:eee:jeborg:v:180:y:2020:i:c:p:555-578
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25