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From 'Tragedy' To 'Disaster': Welfare Effects Of Commons And Anticommons Dilemmas, Sven Vanneste, Francesco Parisi, Alain Vanhiel, Ben Depoorter
From 'Tragedy' To 'Disaster': Welfare Effects Of Commons And Anticommons Dilemmas, Sven Vanneste, Francesco Parisi, Alain Vanhiel, Ben Depoorter
Ben Depoorter
In this paper, we explore the alleged symmetry between commons and anticommons dilemmas. Our experimental results reveal an interesting asymmetry. Anticommons situations generate greater opportunistic behavior than an equivalent commons dilemma (Study 1), and anticommons dilemmas yield a greater risk for underuse compared to commons dilemmas (Study 2). The results of the present study bring to light important deviations from the economic model, suggesting that other factors, such as behavioral attitudes towards property and psychological variables, affect cooperation differently in anticommons and commons dilemmas. Our findings complement the existing experimental literature on commons dilemmas and contradict the presumed economic symmetry …
Simultaneous And Sequential Anticommons, Francesco Parisi, Norbert Schulz, Ben Depoorter
Simultaneous And Sequential Anticommons, Francesco Parisi, Norbert Schulz, Ben Depoorter
Ben Depoorter
This paper defines a framework for anticommons analysis based on the fragmentation of property rights. In differentiating between sequential and simultaneous cases of property fragmentation, we describe and assess the equilibria obtained under each scenario. Our model reveals how the private incentives of excluders do not capture the external effects of their decisions. Moreover, our model suggests that the result of underutilization of joint property increases monotonically in both (a) the extent of fragmentation; and (b) the foregone synergies and complementarities between the property fragments. Within this context, we can therefore explore important implications for possible institutional responses to a …