Common Pool Resources with Endogenous Equity Shares Available to Purchase

We thank the editor, Leo Simon, and two anonymous reviewers for their insightful suggestions, which improved the presentation of the paper. We also thank Ana Espinola-Arredondo, Jinhui Bai, Raymond Batina, and Alan Love for their discussions. We are also grateful to seminar participants at Washington State University, conference participants at AAEA 2017 in Chicago, at the World Congress of Environmental and Resource Economists in Gothenburg, Sweden, and at the Pacific Northwest Regional Economic Conference 2017 in Bend, Oregon, for their comments. In addition, we would also like to thank those attending the presentation of this paper at the Indian Institute of Management, Ahmedabad University, The National Council of Applied Economic Research, New Delhi, and Indraprastha Institute of Information Technology, Delhi for their suggestions.