The endogenous formation of common pool resource coalitions

Submitted by Cristóbal Vásquez on

We present the results of framed field (lab-in-field) experiments designed to investigate the endogenous formation of common pool resource (CPR) coalitions when the resource is co-defended with costly monitoring by coalition members and sanctions for encroachment imposed by the government. The experiments were conducted with fishers who were members of Chile's territorial use rights fisheries (TURFs) and in the lab with Chilean university students. Consistent with theoretical predictions, the fishers frequently formed CPR coalitions, even when they could not deter outsider poaching.

Experiments, Fisheries, Policy Design

Behavioral Economics – Policy Impact and Future Directions

Submitted by Petra Hansson on

Behavioral economics - a field based in collaborations among economists and psychologists - focuses on integrating a nuanced understanding of behavior into models of decision-making. Since the mid-20th century, this growing field has produced research in numerous domains and has influenced policymaking, research, and marketing. However, little has been done to assess these contributions and review evidence of their use in the policy arena.

Policy Design