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Handpicked site for - rules of pool game |
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While the tragedy of the commons is real, there are many instances where institutions develop to protect against overexploitation. In this important work, the authors explore empirically, theoretically, and experimentally the nature of such institutions and the way they come about.Forests, irrigation systems, fisheries, groundwater basins, grazing lands, and the air we breathe are all examples of common-pool resources (CPRs). http://www.press.umich.edu/titleDetailDesc.do?id=9739 |
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