Fragility of the commons under prospect-theoretic risk attitudes
Year of publication: |
July 2016
|
---|---|
Authors: | Hota, Ashish R. ; Garg, Siddharth ; Sundaram, Shreyas |
Published in: |
Games and economic behavior. - Amsterdam : Elsevier, ISSN 0899-8256, ZDB-ID 1002944-8. - Vol. 98.2016, p. 135-164
|
Subject: | Tragedy of the commons | Common-pool resource | Resource dilemma | Risk heterogeneity | Loss aversion | Prospect theory | Inefficiency of equilibria | Gemeingüter | Commons | Prospect Theory | Risikoaversion | Risk aversion | Risikopräferenz | Risk attitude | Risiko | Risk | Experiment |
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