Events
4 March 2010
Social Norms and the Problem of the Commons
Lecture
This talk will discuss the 'tragedy' of the commons -- how the absence
of private property rights in resources leads to their
over-exploitation. It examines ways in which the tragedy can be
overcome: privatisation, government regulation or taxation, negotiated
agreements, and selfgovernance backed by social norms. It will be seen
that the last solution throws some light on the evolution of human
'moral sentiments'.
Time: 12:30 pm - 2:00 pm
Guest Speakers: Dr E. Somanathan is a professor and head of the Planning Unit at the Indian Statistical Institute. His research interests include evolutionary models of behaviour, focussed on environmental and development economics. Professor Somanathan received his PhD from Harvard University.
Location:Spectrum Theatre, 20 Customhouse Quay (entrance on Johnson St), Wellington
Region: Wellington
Charge/Fee: Free to the public.
Contact Web Link: For more information, click here.
