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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
"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
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
Published as:"The Nature of Common-Pool Resource Problems," Rationality and Society 2(3), July 1990, 335-358."A large, multidisciplinary literature focuses on the problems occurring when multiple individuals concurrently use common-pool resources such as fisheries, grazing areas, airsheds, oil...
Persistent link: https://www.econbiz.de/10009468380
collect more money from the experimenter than noncooperative game theory predicts. As we interpret it, subject behavior in …
Persistent link: https://www.econbiz.de/10009468384
all price takers in the product market but must compete for permits. In the second two treatments the experiment is …
Persistent link: https://www.econbiz.de/10009468442
examine propositions related to static equilibrium theory, dynamic learning models, and individual choice theory. Economic …-making experiment." …
Persistent link: https://www.econbiz.de/10009468447
mechanism effective in curtailing excessive harvesting from the commons? The results of this economic experiment suggest that … theory. Further research is necessary to understand how individuals operate in this environment." …
Persistent link: https://www.econbiz.de/10009468460