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Contract as Metaphor

Mark J. Joe

in Political Determinants of Corporate Governance: Political Context, Corporate Impact

Published in print:
2006
Published Online:
October 2011
ISBN:
9780199205301
eISBN:
9780191695612
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199205301.003.0018
Subject:
Business and Management, Corporate Governance and Accountability, Business History

The political problem of backlash is analogous to the economic problem of producing from a common pool. When a society has an asset that it uses in common, overusing it can destroy its value, and ... More


Governing Common Resources: Environmental Markets and Property in Water

Lee Godden

in Property and the Law in Energy and Natural Resources

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199579853
eISBN:
9780191722745
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199579853.003.0020
Subject:
Law, Public International Law, Environmental and Energy Law

Environmental markets, in concert with the rise of property-based instruments to regulate natural resources, have gained ascendancy in many areas once the preserve of more traditional forms of legal ... More


Cooperation and Organizations

Lee Cronk and Beth L. Leech

in Meeting at Grand Central: Understanding the Social and Evolutionary Roots of Cooperation

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691154954
eISBN:
9781400845484
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691154954.003.0005
Subject:
Sociology, Comparative and Historical Sociology

This chapter examines the role that institutions and organizations play in making cooperation possible as we go about our everyday lives. Successful organizations are often the ones that build on the ... More


Engaging with Impossibilities and Possibilities †

Elinor Ostrom

in Arguments for a Better World: Essays in Honor of Amartya Sen, Volume 2: Society, Institutions, and Development

Published in print:
2008
Published Online:
May 2009
ISBN:
9780199239979
eISBN:
9780191716874
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199239979.003.0029
Subject:
Economics and Finance, Development, Growth, and Environmental

Upon thinking deeply about Kenneth Arrow's ‘Impossibility Theorem’, Amartya Sen advises scholars not to despair, but to engage seriously the impossibility result so that we understand it better and ... More


Polycentric Systems: Multilevel Governance Involving a Diversity of Organizations

Elinor Ostrom

in Global Environmental Commons: Analytical and Political Challenges in Building Governance Mechanisms

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199656202
eISBN:
9780191742149
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199656202.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

Collective-action problems vary in scale from very small problems involving only a few individuals, such as a farmer-managed irrigation system, to extremely large problems involving global resources, ... More


Laying the Theoretical Foundations for the Study of Development Aid

Clark C. Gibson

in The Samaritan's Dilemma: The Political Economy of Development Aid

Published in print:
2005
Published Online:
October 2005
ISBN:
9780199278855
eISBN:
9780191602863
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199278857.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter focuses on the problem of collective action as it relates to development at the operational level. It first explores how individuals’ motivation may hamper their incentive to work ... More


Devolution of Control of Common Pool Resources to Local Communities: Experiences in Forestry

J. E. Michael Arnold

in Access to Land, Rural Poverty, and Public Action

Published in print:
2001
Published Online:
October 2011
ISBN:
9780199242177
eISBN:
9780191697036
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199242177.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

In overlapping situations which involve how rural households used their own resources in dealing with income and material flows through drawing on scrubland, forest, and woodland and where woodland ... More


Community Tanks vs Private Wells: Coping Strategies and Sustainability Issues in South India

R. Balasubramanian

in Promise, Trust and Evolution: Managing the Commons of South Asia

Published in print:
2008
Published Online:
May 2008
ISBN:
9780199213832
eISBN:
9780191707438
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199213832.003.0013
Subject:
Economics and Finance, South and East Asia

This chapter analyses the main causes of degradation of common pool tank irrigation systems and the interrelationships among poverty, private coping mechanisms, and collective action towards tank ... More


Managing People: The Common Property Option

David A. Cleveland

in Balancing on a Planet: The Future of Food and Agriculture

Published in print:
2013
Published Online:
September 2016
ISBN:
9780520277410
eISBN:
9780520957084
Item type:
chapter
Publisher:
University of California Press
DOI:
10.1525/california/9780520277410.003.0008
Subject:
Society and Culture, Technology and Society

Agrifood systems resources are classified as private, public, or common pool (CPRs) by the costs of excluding others from using them and the extent their value is reduced with use (subtractability). ... More


Scope and Limits of Independent Fiscal Institutions

Jürgen von Hagen

in Restoring Public Debt Sustainability: The Role of Independent Fiscal Institutions

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199644476
eISBN:
9780191749100
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199644476.003.0003
Subject:
Economics and Finance, Financial Economics

In a review of the theoretical arguments behind the creation of independent fiscal institutions, the author shows that their proper design depends on the underlying fiscal failure—such as opacity, ... More


Learning from Lin:: Lessons and Cautions from the Natural Commons for the Knowledge Commons

Daniel H. Cole

in Governing Knowledge Commons

Published in print:
2014
Published Online:
November 2014
ISBN:
9780199972036
eISBN:
9780199361908
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199972036.003.0002
Subject:
Law, Intellectual Property, IT, and Media Law, Environmental and Energy Law

This chapter explains how Elinor Ostrom’s work on natural common-pool resources has limited lessons to offer intellectual property scholars, virtually none of which is normative. Her body of work ... More


Framing a New Moral Economy

Rajshree Chandra

in The Cunning of Rights: Law, Life, Biocultures

Published in print:
2016
Published Online:
April 2016
ISBN:
9780199459766
eISBN:
9780199086542
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199459766.003.0003
Subject:
Law, Intellectual Property, IT, and Media Law

Chapter 3 takes the making of the law a step further and asks: From where does law derive its authority or the legitimacy to speak? What legitimizes the formalization of law in the terms described in ... More


The Economics of Public Health in the Presence of Exploitation Strategies

Markus Herrmann

in Investors and Exploiters in Ecology and Economics: Principles and Applications

Published in print:
2017
Published Online:
May 2018
ISBN:
9780262036122
eISBN:
9780262339803
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262036122.003.0008
Subject:
Economics and Finance, History of Economic Thought

Public health faces novel challenges because of rising bacterial resistance to antibiotics and the possible fatal spread of highly communicable viral infections. Multiple economic agents interact in ... More


Domestic Politics and International Resources: What Role For International Law?

Eyal Benvenisti

in The Role of Law in International Politics: Essays in International Relations and International Law

Published in print:
2001
Published Online:
January 2010
ISBN:
9780199244027
eISBN:
9780191713224
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199244027.003.0007
Subject:
Law, Public International Law

This chapter evaluates the impact of international norms on domestic politics from the point of view of an optional and sustainable co-operation between heterogeneous States over internationally ... More


What Can Economists Contribute to the Common Good Tradition?

Andrew M. Yuengert

in Empirical Foundations of the Common Good: What Theology Can Learn from Social Science

Published in print:
2017
Published Online:
November 2017
ISBN:
9780190670054
eISBN:
9780190681999
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190670054.003.0003
Subject:
Religion, Religious Studies, Theology

Although most economists are skeptical of or puzzled by the Catholic concept of the common good, a rejection of the economic approach as inimical to the common good would be hasty and ... More


The Political Economy of Monetary Solidarity

Waltraud Schelkle

in The Political Economy of Monetary Solidarity: Understanding the Euro Experiment

Published in print:
2017
Published Online:
April 2017
ISBN:
9780198717935
eISBN:
9780191787416
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198717935.003.0002
Subject:
Political Science, Political Economy

This chapter spells out the political market failures that collective action is up against, and argues that the by-product theory of public goods provision can explain how cooperative institutions ... More


Infrastructures and Organizations: Embedding Members or Networking Individuals?

Taylor Dotson

in Technically Together: Reconstructing Community in a Networked World

Published in print:
2017
Published Online:
May 2018
ISBN:
9780262036382
eISBN:
9780262340861
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262036382.003.0005
Subject:
Sociology, Social Movements and Social Change

This chapter describes how many contemporary infrastructures and organizations, like the Internet, road networks, and public schooling, stifle the development of thick community. Most are more like ... More


The System of Limited Risk Sharing in the Euro Area

Waltraud Schelkle

in The Political Economy of Monetary Solidarity: Understanding the Euro Experiment

Published in print:
2017
Published Online:
April 2017
ISBN:
9780198717935
eISBN:
9780191787416
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198717935.003.0005
Subject:
Political Science, Political Economy

This chapter revisits first the crisis of the European Exchange Rate Mechanism in the early 1990s to address the question why decision makers of very different countries agreed on forming a currency ... More


The Carbon Challenge: Dealing with the Externalities of Energy Markets

Andreas Goldthau and Nick Sitter

in A Liberal Actor in a Realist World: The European Union Regulatory State and the Global Political Economy of Energy

Published in print:
2015
Published Online:
August 2015
ISBN:
9780198719595
eISBN:
9780191788673
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198719595.003.0006
Subject:
Political Science, Political Theory

Chapter 6 inquires into the EU’s strategy to deal with carbon emissions as a global externality and “common pool” problem, investigates its regime-building measures in carbon mitigation, the Kyoto ... More


Property in Association

Lee Anne Fennell

in The Unbounded Home: Property Values Beyond Property Lines

Published in print:
2009
Published Online:
October 2013
ISBN:
9780300122442
eISBN:
9780300155020
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300122442.003.0008
Subject:
Economics and Finance, Economic Systems

This chapter introduces the concept of associational entitlement and explores how it can shed new light on the most difficult and controversial of metropolitan problems. The chapter discusses an ... More


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