While the literature that uses economic experiments to investigate self-governance of common pool resources is large, almost none of it is concerned with protecting resources from outside incursion. This work presents the results of an economic field experiment designed to study behavioral issues related to both the protection of a...
Economists have devoted considerable attention to rent-dissipation in limited-entry fisheries as a result of excessive use of capital inputs, or "capital stuffing." We may refer to this mechanism of rent dissipation as "cost-driven rent dissipation." An alternative potential mechanism of rent dissipation, which we refer to as "value-driven rent dissipation,"...
The Phoenix mission, launched on 4 August 2007, landed in the far northern
plains of Mars on 25 May 2008. In order to prepare for the landing events and the
90-sol mission, a significant amount of work has gone into characterizing the atmospheric
environment at this location on Mars for...