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This study examines appropriation decisions in a linear appropriation game setting with variations in the resource damage from appropriation and simultaneous variations in the resource damage and the opportunity cost of conservation, where the ratio of these two variables is held constant. In...
Persistent link: https://www.econbiz.de/10010312229
This study examines appropriation decisions in a linear appropriation game setting with variations in the resource damage from appropriation and simultaneous variations in the resource damage and the opportunity cost of conservation, where the ratio of these two variables is held constant. In...
Persistent link: https://www.econbiz.de/10010839591
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
"The experiments reported in this paper provide strong evidence for the power of face-to-face communication in a repeated common-pool resource environment where decisions are made privately. When communication was provided as a 'costless' institution, players successfully used the opportunity...
Persistent link: https://www.econbiz.de/10009468418
"Over the past 30 years, applied microeconomics has seen an explosion in the use of experimental methods as a tool for observing economic behavior. Economic experiments serve as a complement to field research using, allowing the researcher to create and control key theoretically based rules of...
Persistent link: https://www.econbiz.de/10009468447