Incentives to give up resource extraction and avoid the tragedy of the commons

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dc.contributor.authorBenito Ostolaza, Juan Miguel
dc.contributor.authorOsés Eraso, Nuria
dc.contributor.departmentEconomíaes_ES
dc.contributor.departmentEkonomiaeu
dc.date.accessioned2016-05-10T07:40:08Z
dc.date.available2016-05-10T07:40:08Z
dc.date.issued2013
dc.description.abstractThis 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 use and conservation. As the essence of conservation is dynamic, we use a dynamic model to study the implementation of the compensation scheme. A stable heterogeneous equilibrium can be reached where both extractors and non-extractors live together. We analyze how the success of the compensation depends on factors such as the elasticity of demand and the biological characteristics of the resource.en
dc.description.sponsorshipFinancial support from projects ECO2009-12836 and ECO2012-34202 of the Spanish Minister of Science and Innovation.en
dc.format.extent28 p.
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttps://academica-e.unavarra.es/handle/2454/20571
dc.language.isoengen
dc.relation.ispartofseriesDocumentos de Trabajo DE - ES Lan Gaiakes
dc.relation.ispartofseries1305en
dc.relation.projectIDinfo:eu-repo/grantAgreement/MICINN//ECO2009-12836/ES/
dc.relation.projectIDinfo:eu-repo/grantAgreement/MINECO//ECO2012-34202/ES/
dc.rightsCC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)en
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectCommon resourceen
dc.subjectOvercapacityen
dc.subjectPayment for environmental servicesen
dc.subjectCompensationen
dc.subjectReplicator dynamicsen
dc.titleIncentives to give up resource extraction and avoid the tragedy of the commonsen
dc.typeinfo:eu-repo/semantics/workingPaper
dspace.entity.typePublication
relation.isAuthorOfPublication859a5667-1351-4efa-bfcd-1a077af54275
relation.isAuthorOfPublication0cdf663a-2df2-4cac-9e99-efc483eeb4b6
relation.isAuthorOfPublication.latestForDiscovery859a5667-1351-4efa-bfcd-1a077af54275

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