Parental Altruism and Common Property Regulation

Matthew Turner

Canadian Journal of Economics, 1997, vol. 30, issue 4, 809-21

Abstract: Since any regulation of a common property resource must be selected and enforced by a government of finitely lived agents, a natural way to study common property regulation is to study the behavior of these governments. In this paper, such behavior is analyzed in an overlapping generations economy where agents are altruistic towards their children.

Date: 1997
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