Template-Type: ReDIF-Paper 1.0
Author-Name:  Maria Alejandra Velez
Author-Name-First: Maria Alejandra 
Author-Name-Last: Velez
Author-Email:  mav2122@columbia.edu 
Author-Workplace-Name: Center for Research on Environmental Decisions, Columbia University 
Author-Name:  James J. Murphy
Author-Name-First: James
Author-Name-Last: Murphy
Author-Email:  murphy@uaa.alaska.edu
Author-Workplace-Name: Department of Economics, University of Alaska Anchorage
Author-Name:  John K. Stranlund
Author-Name-First: John
Author-Name-Last: Stranlund
Author-Email:  stranlund@resecon.umass.edu
Author-Workplace-Name: Department of Resource Economics, University of Massachusetts Amherst
Title:  Centralized and Decentralized Management of Local Common Pool Resources in the Developing World: Experimental Evidence from Fishing Communities in Colombia 
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 non-binding 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.  

Creation-date: 2010-01 
File-URL: http://www.econpapers.uaa.alaska.edu/RePEC/ala/wpaper/ALA201001.pdf
File-Format: Application/pdf
Classification-JEL: C93, H41, Q20, Q28, D70, D71, C70, Q56
Keywords: common pool resources, field experiments, institutions, communication, regulation, experimental economics, environmental economics 
Publication-Status: Published in Economic Inquiry, 48(2):254-265.
Number: 2010-01
Handle: RePEc:ala:wpaper:2010-01