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Rules and games
Authors:Roy Gardner  Elinor Ostrom
Affiliation:1. Department of Economics, Workshop in Political Theory & Policy Analysis, Indiana University, 513 N. Park, 47405-3186, Bloomington, IN
2. Department of Political Science, Workshop in Political Theory & Policy Analysis, Indiana University, 513 N. Park, 47405-3186, Bloomington, IN
Abstract:This paper reconsiders the relationship between the rules of a game and its outcomes. We develop a notion of rule reform that leads to the selection of Pareto improved equilibria points. We then apply this notion to a series of naturally occurring fishing rules, including examples from Malaysia, India, Brazil, Turkey, and Canada. We show that reforming a game is conceptually akin to reforming an economy.
Keywords:
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