Title

Non-cooperative institutions for sustainable common pool resource management: Application to groundwater

Authors

Authors

K. Madani;A. Dinar

Comments

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Abbreviated Journal Title

Ecol. Econ.

Keywords

Common pool resources management; Groundwater; Non-cooperative; Institutions; Modeling; Optimization; REGULATING WATER QUANTITY; ENVIRONMENTAL SUSTAINABILITY; ECOLOGICAL; SUSTAINABILITY; IRRIGATED AGRICULTURE; ECONOMIC-GROWTH; GAME; EXTRACTION; COOPERATION; COMPETITION; GOVERNANCE; Ecology; Economics; Environmental Sciences; Environmental Studies

Abstract

As demands for limited natural resources increase, developing management institutions that ensure the sustainability of such resources is essential. Many natural resources are Common Pool Resources (CPRs), managed under different non-cooperative, cooperative, and externally imposed management frameworks. While early studies of non-cooperative CPR management suggest inevitable "tragedy of the commons," here we discuss how users can avoid tragic outcomes by changing their decision making rationales and exploitation strategies even in a noncooperative environment. This paper introduces and compares various types of non-cooperative institutions that are available to manage CPRs. These management institutions are then applied, using a numerical groundwater exploitation example, to determine how different planning variables are affected by the choice of management institution. Results indicate that CPR users can improve their gains by considering the externalities and developing long-term exploitation plans, as opposed to short-term plans with no consideration of externalities that result in rapid exhaustion of the resource and lead to the so-called "tragedy of the commons." (C) 2011 Elsevier B.V. All rights reserved.

Journal Title

Ecological Economics

Volume

74

Publication Date

1-1-2012

Document Type

Article

Language

English

First Page

34

Last Page

45

WOS Identifier

WOS:000301277000006

ISSN

0921-8009

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