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| Dolgorsuren Dorj |
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| ''The tragedy of commons and free mobility'' |
| ( 2011, Vol. 31 No.1 ) |
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| We characterize free mobility equilibrium in a common pool resource
setting with two localities. We find that adopting a decentralized
management in just one locality increases agents' welfare not
only in the regulated locality but in the unregulated locality as
well. |
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| Keywords: Common dilemmas, Sanctions, Free mobility. |
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| Manuscript Received : Feb 17 2010 | | Manuscript Accepted : Jan 04 2011 |
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