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Journal of Environmental Economics and Management
Article . 2004 . Peer-reviewed
License: Elsevier TDM
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https://doi.org/10.2139/ssrn.5...
Article . 2004 . Peer-reviewed
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An Intergenerational Common Pool Resource Experiment

An intergenerational common pool resource experiment
Authors: Fischer, M.E.; Irlenbusch, B.; Sadrieh, A.;

An Intergenerational Common Pool Resource Experiment

Abstract

Many renewable resources are in intergenerational common pools, exploited by one generation after another. In our experiment, the stock available to each generation depends on the extent of exploitation by previous generations and on resource's growth rate, which is either slow or fast. Subjects show altruistic restraint in exploitation, but not enough to achieve the social optimum. The presence of an intergenerational link induces subjects - both in slow and in fast - to expect less resource exploitation from each other than subjects expect in a single generation control. On average, expectations are too optimistic, especially in slow, where intended free-riding behavior is predominant.

Country
Netherlands
Keywords

Environmental economics (natural resource models, harvesting, pollution, etc.), growth and altruism, Free-riding intentions, intergenerational common pool resources; growth and altruism; free-riding intentions, intergenerational common pool resources, Intergenerational common pool resources, Models of societies, social and urban evolution, intergenerational common pool resources;growth and altruism;free-riding intentions, Growth and altruism, free-riding intentions, jel: jel:C92, jel: jel:D62, jel: jel:C72, jel: jel:Q20

  • BIP!
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    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    90
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
90
Top 10%
Top 10%
Top 10%
bronze