Income distributional effects of using market-based instruments for managing common property resources

In this article, the authors show the trade‐offs between efficiency and equity that arise from the application of market‐based instruments to a heterogenous population of agents drawing from a natural resource pool. Using the example of groundwater, they find that there are overall losses in allocat...

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Detalles Bibliográficos
Autores principales: Msangi, Siwa, Howitt, Richard E.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 2007
Materias:
Acceso en línea:https://hdl.handle.net/10568/171841

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