Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Fisheries 2 Location: B003 Session Chair: Bruno Nkuiya, Rensselaer Polytechnic Institute | |
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East Kolkata Wetlands' Cooperatives Provide Sewage Treatment as a Public Good University of Wyoming, United States of America We analyze the private provision of a public good in a setting where production relies on experience-enhanced learning by doing. In the East Kolkata Wetlands, cooperatives treat municipal sewage as a joint product of sewage-fed aquaculture. We model this system in which the productivity of senior members depends on the experience they accumulated as juniors, in the presence of the seniors' experience at that time. This creates a feedback loop where a negative shock to returns that drives juniors out of the cooperative lowers the stock of system-specific experience, reducing future capacity to treat sewage. We characterize the steady-state and dynamic labor responses under three cooperative objectives: profit maximization, wage maximization with differentiated wages, and wage maximization with equal wages. We find that while profit-maximization achieves static efficiency, wage-maximizing objectives, particularly those that impose equal wages across cohorts, act as a retention mechanism during downturns. | |