Arbeitspapier
Elephants
Existing models of open-access resources are applicable to non-storable resources, such as fish. Many open-access resources, however, are used to produce storable goods. Elephants, rhinos, and tigers are three prominent examples. Anticipated future scarcity of these resources will increase current prices, and current poaching. This implies that, for given initial conditions, there may be rational expectations equilibria leading both to extinction and to survival. Governments may be able to eliminate extinction equilibria by promising to implement tough anti-poaching measures if the population falls below a threshold. Alternatively, they, or private agents, may be able to eliminate extinction equilibria by accumulating a sufficient stockpile of the storable good.
- Sprache
-
Englisch
- Erschienen in
-
Series: Nota di Lavoro ; No. 86.1997
- Klassifikation
-
Wirtschaft
Micro-Based Behavioral Economics: General‡
Renewable Resources and Conservation: General
Renewable Resources and Conservation: Fishery; Aquaculture
- Thema
-
Storability
Durability
Open-access
Elephants
Fishery
Resources
Multiple equilibria
Rational expectations
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kremer, Michael R.
Morcom, Charles
- Ereignis
-
Veröffentlichung
- (wer)
-
Fondazione Eni Enrico Mattei (FEEM)
- (wo)
-
Milano
- (wann)
-
1997
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kremer, Michael R.
- Morcom, Charles
- Fondazione Eni Enrico Mattei (FEEM)
Entstanden
- 1997
Ähnliche Objekte (12)
Carrying the Elephants
White elephants and the limits to efficient investment
Can white elephants kill? Unintended consequences of infrastructure development
Employment effects of business dynamics: Mice, Gazelles and Elephants
Can white elephants kill? Unintended consequences of infrastructure development in Peru
Economic cooperation In Turkish culture: Public goods games and lonely elephants
Big elephants in small ponds: Do large traders make financial markets more aggressive?
Apartheid and Elephants: The Kruger National Park in a New South Africa, An Essay
Special economic zones in Southern Africa: White elephants or latent drivers of growth and employment? The case of Zambia and South Africa
Pink Elephants
Pink Elephants
![[Elephants; Elefanten]](https://iiif.deutsche-digitale-bibliothek.de/image/2/2fdb7f74-c083-48db-b7da-aad156bb8681/full/!306,450/0/default.jpg)
[Elephants; Elefanten]
Carrying the Elephants
White elephants and the limits to efficient investment
Can white elephants kill? Unintended consequences of infrastructure development
Employment effects of business dynamics: Mice, Gazelles and Elephants
Can white elephants kill? Unintended consequences of infrastructure development in Peru
Economic cooperation In Turkish culture: Public goods games and lonely elephants
Big elephants in small ponds: Do large traders make financial markets more aggressive?
Apartheid and Elephants: The Kruger National Park in a New South Africa, An Essay
Special economic zones in Southern Africa: White elephants or latent drivers of growth and employment? The case of Zambia and South Africa
Pink Elephants
Pink Elephants
[Elephants; Elefanten]
Carrying the Elephants
White elephants and the limits to efficient investment
Can white elephants kill? Unintended consequences of infrastructure development
Employment effects of business dynamics: Mice, Gazelles and Elephants
Can white elephants kill? Unintended consequences of infrastructure development in Peru
Economic cooperation In Turkish culture: Public goods games and lonely elephants
Big elephants in small ponds: Do large traders make financial markets more aggressive?
Apartheid and Elephants: The Kruger National Park in a New South Africa, An Essay
Special economic zones in Southern Africa: White elephants or latent drivers of growth and employment? The case of Zambia and South Africa
Pink Elephants
Pink Elephants