{"title":"Common Property Resources: Economic Analytics","authors":"P. Dasgupta","doi":"10.1093/acprof:oso/9780199213832.003.0002","DOIUrl":null,"url":null,"abstract":"Offering an alternative to impersonal markets and coercive states, the conzmunitarian institutions built around common property resources have looked attractive to scholars in the humanities and social sciences. Oddly, economic theory has been nissing fromt discussions on CPRs, making it difficult to judge the status of empirical wor-ks, which, in the case of CPRs, have mainly been case studies. This paper presents a fairly complete economic theory of CPRs, identifying not only the circumstances in which communitarian institutions can fimnction well, but also showing when these institutions could be expected to unravel. The theory also identifies an especially dark side of communitarian institutions, namnely, their capacity to permit one group to exploit another within long-term relationships.","PeriodicalId":53574,"journal":{"name":"Economic and Political Weekly","volume":"16 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"24","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic and Political Weekly","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/acprof:oso/9780199213832.003.0002","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 24
Abstract
Offering an alternative to impersonal markets and coercive states, the conzmunitarian institutions built around common property resources have looked attractive to scholars in the humanities and social sciences. Oddly, economic theory has been nissing fromt discussions on CPRs, making it difficult to judge the status of empirical wor-ks, which, in the case of CPRs, have mainly been case studies. This paper presents a fairly complete economic theory of CPRs, identifying not only the circumstances in which communitarian institutions can fimnction well, but also showing when these institutions could be expected to unravel. The theory also identifies an especially dark side of communitarian institutions, namnely, their capacity to permit one group to exploit another within long-term relationships.
期刊介绍:
The Economic and Political Weekly, published from Mumbai, is an Indian institution which enjoys a global reputation for excellence in independent scholarship and critical inquiry. First published in 1949 as the Economic Weekly and since 1966 as the Economic and Political Weekly, EPW, as the journal is popularly known, occupies a special place in the intellectual history of independent India. For more than five decades EPW has remained a unique forum that week after week has brought together academics, researchers, policy makers, independent thinkers, members of non-governmental organisations and political activists for debates straddling economics, politics, sociology, culture, the environment and numerous other disciplines.