Governing the Commons
Lessons and Implications for Institutional Design
Originally published in The Oxford Handbook of Public Choice
The two volume Oxford Handbook of Public Choice provides a comprehensive overview of the Public Choice literature. Volume 1 covers rational choice models of elections, interest groups, rent seeking, and public choice contributions to normative political economy. It begins with introductory chapters on rational choice politics, the founding of public choice, and the evaluation and selection of constitutions. The chapters were all written for this handbook by scholars who are well known for their contributions to research in the areas discussed.
In this chapter, Paul Dragos Aligica and M.E. Cox examine the issue of governing the commons.