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| Huysentruyt, Marieke; Barrett, Christopher B.; McPeak, John G.. |
| We model interhousehold transfers between nomadic livestock herders as the state-dependent consequence of individuals' strategic interdependence resulting from the existence of multiple, opposing externalities. A public good security externality among individuals sharing a social (e.g., ethnic) identity in a potentially hostile environment creates incentives to band together. Self-interested interhousehold wealth transfers from wealthier herders to poorer ones may emerge endogenously within a limited wealth space as a means to motivate accompanying migration by the recipient. The distributional reach and size of the transfer are limited, however, by a resource appropriation externality related to the use of common property grazing lands. When this effect... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness; D; O; Q18. |
| Ano: 2002 |
URL: http://purl.umn.edu/14746 |
