Étiqueté : Common-pool resources

The impact of who decides the rules for network use: A ‘common pool’ analysis of the investment dynamics in different gas network regulatory frames

The liberalization of the natural gas industry has been based on the idea that infrastructure may be used by different gas owners. Different players using the same resources can give raise to ‘commons dilemmas’, which are defined by a conflict between individual rationality and group rationality. To avoid ‘commons’ inefficiencies, solutions are to establish rules that constrain the players’ use of the network…

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