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Economics 315

Wednesday, January 4

Travel Day

private property

Today we leave for Italy!  Our flight takes us to Amsterdam and on to Milan.  We will spend the night on the plane and arrive in Milan with a 9 hour time difference.

Theme 2: Common Property Resources

Field, Barry C.,  “The Optimal Commons,” American Journal of Agricultural Economics 1985

Janvry, McCarthy, and Sadoulet, “Endogenous Provision and Appropriation in the Commons,” American Journal of Agricultural Economics 1998

Nugent J., and Sanchez, “Common Property Rights as an Endogenous Response to Risk,” American Journal of Agricultural Economics 1998

Runge, C. Ford, “Common Property Externalities: Isolation, Assurance, and Resource Depletion in a Traditional Grazing Context,” American Journal of Agricultural Economics 1981

Thompson and Wilson, “Common Property as an Institutional Response to Environmental Variability,” Contemporary Economic Policy 1994


Links

You will take an open book, open notes exam in flight today.