Livelihoods and the Commons

Vikram Dayal

Chapter Chapter 4 in The Environment in Economics and Development, 2014, pp 41-47 from Springer

Abstract: Abstract Some public and microeconomics textbooks present Hardins’ Tragedy of the Commons and the Prisoner’s Dilemma Game and stop there, signaling the inevitable tragedy. However, a more satisfactory treatment by Wydick uses game theory to explain how the Prisoner’s Dilemma of the commons can be overcome. Somanathan et al.’s study of Van Panchayats is important both for its result (community management is more cost-effective than management by the forest department), and for its method (establishing causality carefully). Agricultural household models help us incorporate diverse linked production and consumption activities of the household related to biomass extraction. However, community attributes and ecology may have co-evolved historically, influencing patterns of biomass extraction.

Keywords: Commons; Biomass; Livelihoods; Game theory (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-81-322-1671-1_4

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