Centralized and Decentralized Management of Local Common Pool Resources in the Developing World: Experimental Evidence from Fishing Communities in Colombia

12 Pages Posted: 29 Mar 2010

See all articles by Maria Alejandra Velez

Maria Alejandra Velez

Universidad de los Andes, Colombia

James J. Murphy

University of Alaska Anchorage

John Stranlund

University of Massachusetts at Amherst - College of Natural Resources & the Environment - Department of Resource Economics

Abstract

This article uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and nonbinding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Our results suggest that the hypothesis of a complementary relationship between communication and external regulation is supported for some combinations of regions and regulations but cannot be supported in general. We conclude that the determination of whether formal regulations and informal communication are complementary must be made on a community-by-community basis.

JEL Classification: C93, H41, Q20, Q28

Suggested Citation

Velez, Maria Alejandra and Murphy, James J. and Stranlund, John, Centralized and Decentralized Management of Local Common Pool Resources in the Developing World: Experimental Evidence from Fishing Communities in Colombia. Economic Inquiry, Vol. 48, No. 2, pp. 254-265, April 2010, Available at SSRN: https://ssrn.com/abstract=1578510 or http://dx.doi.org/10.1111/j.1465-7295.2008.00125.x

Maria Alejandra Velez

Universidad de los Andes, Colombia ( email )

Carrera Primera # 18A-12
Bogota, DC D.C. 110311
Colombia

James J. Murphy (Contact Author)

University of Alaska Anchorage ( email )

Anchorage, AK
United States
907-786-1936 (Phone)

HOME PAGE: http://faculty.cbpp.uaa.alaska.edu/jmurphy/

John Stranlund

University of Massachusetts at Amherst - College of Natural Resources & the Environment - Department of Resource Economics ( email )

Stockbridge Hall
80 Campus Center Way
Amherst, MA 01003-9246
United States
413-545-6328 (Phone)

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