PT  - JOURNAL ARTICLE
AU  - Trevor C. Collier
AU  - Nancy Haskell
AU  - Aaron Mamula
TI  - Regulating the Commons: The Interplay between Information and Catch Limits with Two Types of Resources
AID  - 10.3368/le.97.4.021220-0018R
DP  - 2021 Nov 01
TA  - Land Economics
PG  - 951--971
VI  - 97
IP  - 4
4099  - http://le.uwpress.org/content/97/4/951.short
4100  - http://le.uwpress.org/content/97/4/951.full
SO  - Land Econ2021 Nov 01; 97
AB  - Empirically identifying effective resource management strategies is challenging with many concurrent regulations. We focus on two common regulations in a spatial common pool resource experiment that involves extracting two different types of resources. Pooled or individual-specific limits regulate harvest of a protected resource, which co-locates with the desirable resource. The experiment design mimics the extraction of target species and protected bycatch in commercial fisheries. We find three key results without other regulations. Desirable resource harvests are lower under pooled than individual limits; information sharing increases desirable resource harvests with individual limits, but exacerbates moral hazard under pooled limits.