000 01473cam a2200253 4500500
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041 _afre
042 _adc
100 1 0 _aAmbec, Stefan
_eauthor
700 1 0 _a Garapin, Alexis
_eauthor
700 1 0 _a Muller, Laurent
_eauthor
700 1 0 _a Sebi, Carine
_eauthor
245 0 0 _aAcceptable Regulation of a Common Pool Resource: An Experimental Analysis
260 _c2009.
500 _a72
520 _aWe conduct a laboratory experiment to test three regulations imposed on a common-pool resource game: an access fee and subsidy system, transferable quotas, and non-transferable quotas. Theory predicts that they all reduce resource use from free access to the same target level without hurting users. We find that, on average, the regulator’s target is less likely to be met with fees than with the other regulation tools. The fee system tends to select the most efficient users more consistently, but leads to more inequality. All regulations fail to make every user better off, although the two market-based instruments outperform the non-transferable quotas on this criterion.
690 _aregulation
690 _aexperimental economics
690 _acommon-pool resource
690 _atax
690 _aquota
786 0 _nEconomie & prévision | o 190-191 | 4 | 2009-12-28 | p. 107-122 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2009-4-page-107?lang=en&redirect-ssocas=7080
999 _c468577
_d468577