Resource degradation in the African commons: accounting for institutional decay
BROMLEY, DANIEL W.
The development literature has devoted considerable attention to the commons and has ignored the wider economic context of the commons. I develop a model of two kinds of agents (na perverse property rights and selfish behavior within the commons. This approach suggests a needed reformulation of development assistance away from prescriptions for the commons. Instead, development assistance must be refocused on the more serious challenge of institutional incoherence in the larger economy of which the village and its commons are but a part.
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