Emergence of Endogenous Legal Institutions : Property Rights and Community Governance in the Italian Alps

@inproceedings{Casari2003EmergenceOE,
  title={Emergence of Endogenous Legal Institutions : Property Rights and Community Governance in the Italian Alps},
  author={Marco Casari},
  year={2003}
}
We study the community governance of common property resources with the goal of understanding why a legal institution is sometimes chosen over informal cooperation achieved through repeated interaction. After a game-theoretic and property rights analysis of the two regimes, we present empirical findings from pasture and forest management of 13-19 century communities in the Italian Alps. The communities more likely to adopt a legal institution (a Charter) are generally less peripherical, have… CONTINUE READING

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