Hangin' Ten: The Common-Pool Resource Problem of Surfing
Robert Rider
Public Choice, 1998, vol. 97, issue 1-2, 49-64
Abstract:
Surfers face a common-pool resource problem, similar to that faced by fishers. Although the ocean shore is a common-pool resource, each wave is a private good. Coordination is essential if a surfers' dilemma is to be avoided. The author's models this situation as a two-person, two stage game. He shows that for many cases the subgame perfect equilibrium is socially optimal. In other cases, the equilibrium is not optimal. The author argues that for these cases a surfers' etiquette has evolved in response to this dilemma. A first-to-the curl, first-in-right rule ameliorates but does not fully resolve the dilemma. In addition, a locals-only policy, a policy in violation of the surfers' etiquette, may be a rational response to a growth of inexperienced surfers on the waves. Copyright 1998 by Kluwer Academic Publishers
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
http://journals.kluweronline.com/issn/0048-5829/contents link to full text (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:kap:pubcho:v:97:y:1998:i:1-2:p:49-64
Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/11127/PS2
Access Statistics for this article
Public Choice is currently edited by WIlliam F. Shughart II
More articles in Public Choice from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().