Latest Devesh Rustagi Stories
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...
- The offense of persistently instigating lawsuits, typically groundless ones.
- An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
- Sale or purchase of positions in church or state.