DocumentCode
2434953
Title
A model of self-selected governance on commons
Author
Sun, Bo
Author_Institution
Sch. of Econ., Harbin Univ. of Commerce, Harbin, China
fYear
2011
fDate
8-11 Jan. 2011
Firstpage
1377
Lastpage
1379
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;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Industrial Engineering (MSIE), 2011 International Conference on
Conference_Location
Harbin
Print_ISBN
978-1-4244-8383-9
Type
conf
DOI
10.1109/MSIE.2011.5707682
Filename
5707682
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