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On “commons” and New Institutional Economics: A “precursor” revisited - Jens Warming (1873-1939)

dc.contributor.authorPacheco Coelho, Manuel
dc.date.accessioned2023-06-18T05:52:40Z
dc.date.available2023-06-18T05:52:40Z
dc.date.issued2016
dc.description.abstractIn his seminal paper, Gordon (1954) argued that, in a situation of open access and competition, the market would not lead to the most efficient solution in resource use. Almost four decades earlier, in 1911, a Danish economist, Jens Warming, put this issue and made a very similar analysis for the fisheries sector. The purpose of this research is to make a reflection on that paper and highlight the proposed explanation for the common property problem. This paper studies the legacy of this interesting fisheries economist to the history of economic thought and put in evidence its role as a “precursor” in important topics of investigation of the New Institutional Economics. This research also ask what went wrong and why did the important achievements of Warming’s research had not the justified academic applause and practical impact.
dc.description.departmentDepto. de Economía Aplicada, Estructura e Historia
dc.description.facultyFac. de Ciencias Económicas y Empresariales
dc.description.refereedTRUE
dc.description.statuspub
dc.eprint.idhttps://eprints.ucm.es/id/eprint/50202
dc.identifier.doi10.5209/IJHE.54622
dc.identifier.issn2386-5768
dc.identifier.officialurlhttp://dx.doi.org/10.5209/IJHE.54622
dc.identifier.relatedurlhttp://revistas.ucm.es/index.php/IJHE/
dc.identifier.urihttps://hdl.handle.net/20.500.14352/23524
dc.issue.number2
dc.journal.titleIberian Journal of the History of Economic Thought
dc.language.isoeng
dc.page.final143
dc.page.initial135
dc.publisherUniversidad Complutense de Madrid
dc.rights.accessRightsopen access
dc.subject.jelQ22
dc.subject.jelB00
dc.subject.keywordJens Warming
dc.subject.keywordFisheries
dc.subject.keywordOpen access
dc.subject.keywordRegulation.
dc.subject.ucmMedio ambiente natural
dc.subject.ucmHistoria económica
dc.subject.unesco5506.06 Historia de la Economía
dc.titleOn “commons” and New Institutional Economics: A “precursor” revisited - Jens Warming (1873-1939)
dc.typejournal article
dc.volume.number3
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