Showing 71 - 80 of 69,935
Persistent link: https://www.econbiz.de/10001232608
Persistent link: https://www.econbiz.de/10003674556
Persistent link: https://www.econbiz.de/10003527887
Persistent link: https://www.econbiz.de/10001690972
Persistent link: https://www.econbiz.de/10001709702
Persistent link: https://www.econbiz.de/10001788991
Persistent link: https://www.econbiz.de/10001181502
We experimentally study behavior in a common property renewable resource extraction game with multiple equilibria. In the experiment, pairs of subjects competitively extract and consume a renewable resource in continuous time. We find that play evolves over time into multiple steady states, with...
Persistent link: https://www.econbiz.de/10013034074
Persistent link: https://www.econbiz.de/10011923703
This series of three classroom experiments demonstrates the tragedy of the commons and suggests two possible solutions …
Persistent link: https://www.econbiz.de/10014069972