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Negative externalities in cropping decisions: private versus common land
(2013)
Documento de trabajo / Lan gaiak,
This paper analyzes to what extent the definition of property rights affects cropping decisions when these decisions generate negative externalities. To that end, we implement an experimental study where agents make cropping ...
Incentives to give up resource extraction and avoid the tragedy of the commons
(2013)
Documento de trabajo / Lan gaiak,
This paper develops a general model of common resource extraction where we introduce payments for environmental services to encourage resource users to give up extraction. The goal is to reach a balance between resource ...