Quantcast

Latest Devesh Rustagi Stories

2010-11-12 01:45:08

Economists provide field evidence on forest commons management Many imminent problems facing the world today, such as deforestation, overfishing, or climate change, can be described as commons problems. The solution to these problems requires cooperation from hundreds and thousands of people. Such large scale cooperation, however, is plagued by the infamous cooperation dilemma. According to the standard prediction, in which each individual follows only his own interests, large-scale...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
Related