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"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...
Persistent link: https://www.econbiz.de/10009468335
of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader …
Persistent link: https://www.econbiz.de/10009468337
"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...
Persistent link: https://www.econbiz.de/10009468340
personalized prices to determine cost shares. The experiment tested a two-stage game: a proposal phase based on a coordination …
Persistent link: https://www.econbiz.de/10009468385
"Our focus in this paper is with the transaction costs inherent in most decision making settings. We specifically investigate an "institution free" collective choice mechanism that includes costs to calling votes. A set of models show that under low costs (i.e., where no cost-induced equilibrium...
Persistent link: https://www.econbiz.de/10009468404
"In particular, the academic debate over the best prediction about the behavior of people that use a common-pool resource (CPR), and the recommended policy approaches to the CPR dilemma have undergone a very interesting evolution throughout the last 3 decades of the pastcentury, since the...
Persistent link: https://www.econbiz.de/10009468435
"One of the successes in contemporary social science is the development and proliferation of game theory. For a wide … range of phenomena, game theory produces enormous insight into the strategic interaction of individuals. Its greatest power …, information aggregation or when confronting large-scale social dilemmas. However, as Ostrom (1998) reminds us, game theory also …
Persistent link: https://www.econbiz.de/10009468443
"This paper introduces a management regime that would maintain common property rights by allowing resource users to harvest on their own but to share their extraction outcome with a given number of other resource users. The developed partnership approach makes use of the shirkingincentives in...
Persistent link: https://www.econbiz.de/10009468321
paradigms of economic behavior theory are emerging that build an empirical basis for understanding how humans respond to … drivers. In this paper we present the results of an economic experiment designed to explore how reciprocity interacts with … variability and uncertainty significantly increased transfers and gains from trade within our experiment. When participants faced …
Persistent link: https://www.econbiz.de/10009468333
"We develop an evolutionary game theory model for a limited access common pool resource. With full disclosure of …
Persistent link: https://www.econbiz.de/10009468354