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The Drama of the Commons
◆Interaction of economic incentives and social mechanisms affect the performance of institutions governing resources (Ch. 3).
External Environment
◆Development in computer and information technology decreases monitoring costs and thereby improves institutional performance (Ch. 6).
◆Not the market but the rapid change that accompanies market penetration is the reason for destabilizing traditional commons institutions (Ch. 12).
Interaction among Factors
◆The emergence of common-pool resource institutions depends on collective-choice/rule-in-use and features of both the resources in question and their users (Ch. 11 and Ch. 2).
Compiled with the help of: T.K. Ahn, Jianxun Wang, Oyebade Kunle Oyerinde, Paul Aligica, Workshop in Political Theory and Policy Analysis, Indiana University.
