Valencia's Water Court for Resource Management
A long-standing example of successful community-based regulation is found in Valencia, Spain, where farming communities have managed water resources for centuries. They established customary rules for communal tasks and water use, enforced by an arbitration court known as the Tribunal de las Aguas (Water Court), which has operated since the middle ages. This court resolves disputes among farmers regarding the rules. Notably, its rulings are not legally binding but derive their authority from community respect, and its decisions are almost always adhered to, demonstrating the power of social norms in resolving social dilemmas.
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The Economy 2.0 Microeconomics @ CORE Econ
Ch.4 Strategic interactions and social dilemmas - The Economy 2.0 Microeconomics @ CORE Econ
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Valencia's Water Court for Resource Management
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Valencia's Water Court for Resource Management
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