Discover how common-pool resources, like forests and fisheries, are shared goods prone to overuse. Learn their economic impact and strategies to manage the 'tragedy of the commons.' ...

WEST LAFAYETTE, Ind. – New research in game theory shows that people are naturally predisposed to over-use “common-pool resources” such as transportation systems and fisheries even if it risks failure ...

Policymakers and academics often identify institutional boundaries as one of the factors that shape the capacity of jurisdictions to manage natural resources such as water, forests, and scenic lands.

Common-pool resources, such as local forests, are often at risk of overuse, but community monitoring can help mitigate overuse, according to a collection of articles in the Sustaining the Commons: ...

International Journal of the Commons, Vol. 14, No. 1 (2020), pp. 225-244 (20 pages) Grazing livestock on commonly managed pastures is a widespread practice in post-socialist countries such as ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

With the aid of a lab experiment, we explored how imperfect monitoring and punishment networks impacted appropriation, punishment and beliefs in a common pool resource appropriation dilemma. We ...