Title :
A model of self-selected governance on commons
Author_Institution :
Sch. of Econ., Harbin Univ. of Commerce, Harbin, China
Abstract :
The governance of Commons (i.e. Common-Pool Resources, or CPRs) is an intractable problem in our society. It´s a fundamental task to govern the CPRs problems entirely by self-selected governance arrangement. Using the approaches of game theory, mathematical modeling, design a self-selected governance mechanism on commons, which well solves the problems such as incentives, supervising, enforcement, information, transaction cost and etc. As a result, this governance mechanism guarantees the sustainable and effective governance of commons under a set of conditions being satisfied. The conclusion is self-selected governance arrangement is superior than government regulation, private property rights governance and self-organized & self-governed arrangements, and successfully solve the problem of free ride to CPRs units, which entirely resolve the problem of insufficient supply of commons in the long run.
Keywords :
costing; game theory; government policies; incentive schemes; common-pool resources; enforcement; free ride problem; game theory; government regulation; incentives; information; mathematical modeling; private property rights governance; self-organized arrangement; self-selected governance on commons; supervising; transaction cost; Economics; Equations; Games; Government; Mathematical model; Plugs; Presses; commons; cooperation; free ride; self-selected governance; sustainable supply of commons;
Conference_Titel :
Management Science and Industrial Engineering (MSIE), 2011 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-8383-9
DOI :
10.1109/MSIE.2011.5707682