Centralized and Decentralized Management of Local Common Pool Resources in the Developing World: Experimental Evidence from Fishing Communities in Colombia

Maria Vélez, James Murphy and John Stranlund ()

No 2010-01, Working Papers from University of Alaska Anchorage, Department of Economics

Abstract: This article uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and non-binding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Our results suggest that the hypothesis of a complementary relationship between communication and external regulation is supported for some combinations of regions and regulations, but cannot be supported in general. We conclude that the determination of whether formal regulations and informal communication are complementary must be made on a community-by-community basis.

Keywords: common pool resources; field experiments; institutions; communication; regulation; experimental economics; environmental economics (search for similar items in EconPapers)
JEL-codes: C70 C93 D70 D71 H41 Q20 Q28 Q56 (search for similar items in EconPapers)
Date: 2010-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (36)

Published in Economic Inquiry, 48(2):254-265.

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http://www.econpapers.uaa.alaska.edu/RePEC/ala/wpaper/ALA201001.pdf (application/pdf)

Related works:
Journal Article: CENTRALIZED AND DECENTRALIZED MANAGEMENT OF LOCAL COMMON POOL RESOURCES IN THE DEVELOPING WORLD: EXPERIMENTAL EVIDENCE FROM FISHING COMMUNITIES IN COLOMBIA (2010)
Working Paper: Centralized and Decentralized Management of Local Common Pool Resources in the Developing World: Experimental Evidence from Fishing Communities in Colombia (2006)
Working Paper: Centralized and Decentralized Management of Local Common Pool Resources in the Developing World: Experimental Evidence from Fishing Communities in Colombia (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:ala:wpaper:2010-01

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