Discover how common-pool resources, like forests and fisheries, are shared goods prone to overuse. Learn their economic impact and strategies to manage the 'tragedy of the commons.' ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
In social-ecological systems (SESs), social and biophysical dynamics interact within and between the levels of organization at multiple spatial and temporal scales. Cross-scale interactions (CSIs) are ...
With the aid of a lab experiment, we explored how imperfect monitoring and punishment networks impacted appropriation, punishment and beliefs in a common pool resource appropriation dilemma. We ...
Common pool resources comprise around 65 percent of Earth's surface and vast tracts of the ocean. While examples of successful governance of these resources exist, the circumstances and mechanisms ...
Elinor Ostrom's studies of commons-based social organization have important lessons for those looking to develop new commons, online and elsewhere. Here Dan Hind sets out some key findings from her ...