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Approaching the complexities inherent in human behavior, and compounded by the increasingly multifaceted environment we live in, requires multiple angles of attack. Hence, combining theoretical investigations and applied techniques appears to be a promising approach to inform the scientific and...
Persistent link: https://www.econbiz.de/10014137670
This paper uses replicator dynamics to compare the steady states arising from two types of common property regimes - one in which over-exploiters are punished by the resource users themselves, and another where enforcement is handled by guards who collect a tax from the users. The use of guards...
Persistent link: https://www.econbiz.de/10013247609
Recent research in the field of network economics has shown how explicitly modelling the network structure of social and economic relations can provide significant theoretical insights, as well as account for previously unexplained empirical evidence. Despite their critical importance to many...
Persistent link: https://www.econbiz.de/10010238354
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This paper uses replicator dynamics to compare the steady states arising from two types of common property regimes - one in which over-exploiters are punished by the resource users themselves, and another where enforcement is handled by guards who collect a tax from the users. The use of guards...
Persistent link: https://www.econbiz.de/10012392491
Persistent link: https://www.econbiz.de/10012174408
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