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COMMON-POOL RESOURCES (3) answer(s).
 
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ID:   073760


Role of rivalry: public goods versus common-pool resources / Apesteguia, Jose; Maier-Rigaud, Frank P   Journal Article
Apesteguia, Jose Journal Article
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Publication 2006.
Summary/Abstract Despite a large theoretical and empirical literature on public goods and common-pool resources, a systematic comparison of these two types of social dilemmas is lacking. In fact, there is some confusion about these two types of dilemma situations. As a result, they are often treated alike. In line with the theoretical literature, the authors argue that the degree of rivalry is the fundamental difference between the two games. Furthermore, they experimentally study behavior in a quadratic public good and a quadratic common-pool resource game with identical Pareto-optimum but divergent interior Nash equilibria. The results show that participants clearly perceive the differences in rivalry. Aggregate behavior in both games starts relatively close to Pareto efficiency and converges quickly to the respective Nash equilibrium.
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2
ID:   169340


Structuring the Discourse on the Exploitation of Space Resources: Between Economic and Legal Commons / Tepper, Eytan   Journal Article
Tepper, Eytan Journal Article
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Summary/Abstract A critical discussion is reemerging in space policy, economics, and law: on the classification, use and possible ownership of space resources, and the governance of these activities in terms of rules and institutions. The US legislation from 2015, recognizing the right of US citizens to all asteroid resources they obtain, clearly signals that “money time” has come, in every meaning. Planetary Resources, Inc. has declared this new legislation “the single greatest recognition of property rights in history”. Yet, the discourse on space resources, which are widely—but not necessarily duly—regarded as “commons”, is unstructured and crippled by the confusion of the notion and essence of “commons” between the economic and the legal meanings. This article provides a critical analysis of the “commons” feature of outer space and outer space resources, based on economic analysis and legal theory. More importantly, this article seeks to provide the structure for this important discourse. The first critical step is to distinguish between (i) commons as an economic term and (ii) commons as a legal regime. The first refers to a type of goods or resource used by multiple users, and the second refers to a property rights regime, the ownership over the resource. A mistake, often made, is the confusion between the economic notion of “commons” and the legal sense of the same concept. An “economic commons”, such as a lake, may have different property rights regimes as it may be private property, government property, or “legal commons”. The second critical differentiation is between the different parts of space (e.g. orbits, celestial bodies, and void space) because some may be “commons” (economic and/or legal) while others may not. Asking whether “space” is commons wrongly puts numerous things in a single basket is a sweeping generalization and, in the economic sense, utterly meaningless. Another important distinction is between resource systems and resource units. If we get the questions wrong, i.e. by confusing the terms and mixing different subjects of inquiry, we will not, by definition, find the right answers. Furthermore, the article demonstrates that the notion of “global commons”, often applied to outer space, is of limited or unclear meaning, and it does not imply the property rights regimes in the domains and resources it presumably describes, including outer space. The article opens with making the aforementioned three distinctions in section two. Sections three and five present, separately, the economic and legal notions of “commons” and examine whether some parts of space qualify as economic and/or legal commons, whereas section four presents the limitations of the notion of “global commons”, thus leading to section five. The article concludes by connecting the economic and legal discussions to the search for appropriate governance models for each part of space. As the article demonstrates, the real questions in the discourse are much more complex than “is space commons?”. Although this article provides preliminary answers to the questions it raises, its main contribution is the reshaping of the question(s) currently being asked and the structuring of the discourse on space resources and their governance.
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3
ID:   190952


Wormwood, nomads’ rights, and capitalism: the birth of a chemical industry in Russian Turkestan (1870s–1914) / Penati, Beatrice   Journal Article
Penati, Beatrice Journal Article
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Summary/Abstract A variety of wormwood, Artemisia cina, once grew abundantly in the Syr-Darya province of Russian Turkestan. Santonin, a drug derived from it, was in high demand. Flowers harvested by Kazakhs were handed over to intermediaries to be processed in Europe, but from the 1880s entrepreneurs from different parts of the Russian empire established their own chemical plants in Chimkent and Tashkent. They pressured the Russian imperial government to restrict the rights of the Kazakhs on land where Artemisia cina grew, and grant them the exclusive right to exploit this resource. These entrepreneurs used conservationist arguments and advocated a ‘cultured’ approach to the management of natural resources located on supposedly ‘State land’. These attempts collided with the usage rights of the Kazakhs, as defined by Turkestan’s governing Statute. By shifting the argument to the political, rather than legal, level, the industrialists eventually gained a monopoly to the exclusion of local entrepreneurs and even assumed State-like functions. This article reconstructs this controversy and allows a glimpse into the evolving claims to natural resources in the ‘periphery’ by both Tsarist colonial power and the Kazakhs themselves. The article also explores the features of autochthonous and Russian entrepreneurship and situates Turkestan in a web of trade connections to the global pharmaceutical industry.
Key Words Capitalism  Turkestan  Common-Pool Resources  Kazakhs  Wormwood 
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