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In the conventional theory of common-pool resources, participants do not undertake efforts to design their own …, in this chapter, I briefly review the conventional theory of common-pool resources. Then, I provide an overview of the … empirical studies that test this theory in experimental laboratories. In the third section, I provide an overview of the …
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This paper analyzes the effect of the availability of information about the payoff structure on the behavior of players in a Common-Pool Resource game. Six groups of six individuals played a complete information game, while other six groups played the same game but with no information about the...
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