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Multiple Interactions and the Management of Local Commons

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  • DAMIEN S. ELDRIDGE

Abstract

We provide a model in which relatively isolated communities can successfully manage local commons informally in circumstances where less isolated communities could not do so. The reason for this is the non‐anonymous nature of many interactions between the members of an isolated community. Such communities may be able to use these multiple interactions to enforce informal restrictions on the usage of local commons.

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  • Damien S. Eldridge, 2009. "Multiple Interactions and the Management of Local Commons," The Economic Record, The Economic Society of Australia, vol. 85(270), pages 344-349, September.
  • Handle: RePEc:bla:ecorec:v:85:y:2009:i:270:p:344-349
    DOI: 10.1111/j.1475-4932.2009.00571.x
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    1. John C. Harsanyi & Reinhard Selten, 1988. "A General Theory of Equilibrium Selection in Games," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262582384, April.
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    1. Damien S. Eldridge, 2009. "Multiple Interactions and the Management of Local Commons," The Economic Record, The Economic Society of Australia, vol. 85(270), pages 344-349, September.
    2. Damien S Eldridge, 2008. "Sharing the greenhouse: Inducing cooperation in a global common," Working Papers 2008.07, School of Economics, La Trobe University.

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