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Incentives to give up resource extraction and avoid the tragedy of the commons
dc.creator | Benito Ostolaza, Juan Miguel | es_ES |
dc.creator | Osés Eraso, Nuria | es_ES |
dc.date.accessioned | 2016-05-10T07:40:08Z | |
dc.date.available | 2016-05-10T07:40:08Z | |
dc.date.issued | 2013 | |
dc.identifier.uri | https://hdl.handle.net/2454/20571 | |
dc.description.abstract | 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 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.sponsorship | Financial support from projects ECO2009-12836 and ECO2012-34202 of the Spanish Minister of Science and Innovation. | en |
dc.format.extent | 28 p. | |
dc.format.mimetype | application/pdf | en |
dc.language.iso | eng | en |
dc.relation.ispartofseries | Documentos de Trabajo DE - ES Lan Gaiak | es |
dc.relation.ispartofseries | 1305 | en |
dc.rights | CC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) | en |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0/ | |
dc.subject | Common resource | en |
dc.subject | Overcapacity | en |
dc.subject | Payment for environmental services | en |
dc.subject | Compensation | en |
dc.subject | Replicator dynamics | en |
dc.title | Incentives to give up resource extraction and avoid the tragedy of the commons | en |
dc.type | Documento de trabajo / Lan gaiak | es |
dc.type | info:eu-repo/semantics/workingPaper | en |
dc.contributor.department | Economía | es_ES |
dc.contributor.department | Ekonomia | eu |
dc.rights.accessRights | Acceso abierto / Sarbide irekia | es |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | en |
dc.relation.projectID | info:eu-repo/grantAgreement/MICINN//ECO2009-12836/ES/ | en |
dc.relation.projectID | info:eu-repo/grantAgreement/MINECO//ECO2012-34202/ES/ | en |