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communicate with one another. In this model, game theory predicts that individuals jointly using a commons will overharvest …Problems of the commons exist in a wide variety of settings ranging in size and complexity from the family (e.g., the … household budget and the kitchen sink) to the global scale (e.g., loss of biodiversity and global warming). Game theory is a …
Persistent link: https://www.econbiz.de/10014212719
-friendly institutions. -- Social dilemma ; Resource dilemma ; Game theory ; environment ; institutional design …
Persistent link: https://www.econbiz.de/10003862006
/Viehzüchtern mit Hilfe von Spieltheorie, Institutionen- und Organisationsökonomik, "Public choice"- Theorie und der Evolutionsökonomik … Auseinandersetzung mit diesen akteurzentrierten Ansätzen, die sich oft an die neoklassische Theorie anlehnen, sollen wichtige Themen der …
Persistent link: https://www.econbiz.de/10012498645
This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in … cohesiveness of the network contribute to overcoming the tragedy of the commons. The study suggests that the origin of the problem …
Persistent link: https://www.econbiz.de/10011672530
Consider a population of farmers who live around a lake. Each farmer engages in trade with his two adjacent neighbors. The trade is governed by a prisoner's dilemma "rule of engagement". A farmer's payoff is the sum of the payoffs from the two prisoner's dilemma games played with his two...
Persistent link: https://www.econbiz.de/10003869591
commons through institutional change or communication. Teams of five players are placed in a dynamic CPR environment with …
Persistent link: https://www.econbiz.de/10003379288
Persistent link: https://www.econbiz.de/10009007766
Agents interacting on a body of water choose between technologies to catch fish. One is harmless to the resource, as it allows full recovery; the other yields high immediate catches, but low(er) future catches. Strategic interaction in one "objective" resource game may induce "subjective" games...
Persistent link: https://www.econbiz.de/10009152977
Persistent link: https://www.econbiz.de/10009714635
This paper presents an experimental study on the ability of human groups to escape the tragedy of the commons through …
Persistent link: https://www.econbiz.de/10010509843