The standard tool for analysing social dilemmas is game theory. They are reconstructed as prisoner dilemma games. This …

The standard tool for analysing social dilemmas is game theory. They are reconstructed as prisoner dilemma games. This …

tend to choose the dominant strategy as prescribed in Game Theory …

theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a …If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question …

The standard tool for analysing social dilemmas is game theory. They are reconstructed as prisoner dilemma games. This …

to explain this phenomenon. One theory claims that individuals hold different preferences in their consumer role than in … accepted theory assumes that individuals' most favored preference is to free ride whenever possible. Thus, a Prisoner's Dilemma … and other explanations, as well as their normative implications, and proposes an alternative theory. It rejects the claim …

. This Article explores commons-management theory for potential solutions to this impending tragedy of the trust commons …

, theory even predicts that strategic interaction forces firms to set the market clearing price. For society, this would be …