How Transaction Costs Obstruct Collective Action: Evidence from California’s Groundwater
收藏NBER2017-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23382
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Collective action to remedy the losses of open access to common-pool resources often is late and incomplete, extending rent dissipation. Examples include persistent over-exploitation of oil fields and ocean fisheries, despite general agreement that production constraints are needed. Transaction
提供机构:
美国国家经济研究局
创建时间:
2017-05-01



