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	Provedor de dados AgEcon (1) Autor Catro, D. Fuentes (1) Jayet, Pierre-Alain (1) Rotillon, Gilles (1) Palavra-chave Asymmetric Information (1) Commons (1) Contracts (1) Dynamics (1) Environmental Economics and Policy (1) Natural Resources (1) Mais... Tipo do documento Conference Paper or Presentation (1) Ano 2000 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Managing a Common Renewable Resource in Asymmetric Information AgEcon Catro, D. Fuentes; Jayet, Pierre-Alain; Rotillon, Gilles. The clear definition of property rights is not a sufficient condition to prevent congestion effects in commons. In this paper we present how interesting can be the coordination among owners in the preservation of the common good. Our approach takes into account economic dynamics and incentive mechanisms in a hidden information context. We consider a natural resource which is being used up for a continuum of producers on a common property regime. We also consider that each producer has an individual performance index which is a hidden information of the rest of players. We introduce coordination in the sense of a global maximization of the joint profit. If there is no coordination among the producers, their behavior leads to complete rent dissipation.... Tipo: Conference Paper or Presentation Palavras-chave: Commons; Natural Resources; Dynamics; Asymmetric Information; Contracts; Environmental Economics and Policy. Ano: 2000 URL: http://purl.umn.edu/24893 Registros recuperados: 1 Primeira ... 1 ... Última

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