Cooperative Decision Making in Common Pool Situations

Cooperative Decision Making in Common Pool Situations
Author: Holger I. Meinhardt
Publisher: Springer
Total Pages: 210
Release: 2002-03-25
Genre: Business & Economics
ISBN: 9783540432951

The monograph gives a theoretical explanation of observed cooperative behavior in common pool situations. The incentives for cooperative decision making are investigated by means of a cooperative game theoretical framework. In a first step core existence results are worked out. Whereas general core existence results provide us with an answer for mutual cooperation, nothing can be said how strong these incentives and how stable these cooperative agreements are. To clarify these questions the convexity property for common pool TU-games in scrutinized in a second step. It is proved that the convexity property holds for a large subclass of symmetrical as well as asymmetrical cooperative common pool games. Core existence and the convexity results provide us with a theoretical explanation to bridge the gap between the observation in field studies for cooperation and the noncooperative prediction that the common pool resource will be overused and perhaps endangered.

Advances in Understanding Strategic Behaviour

Advances in Understanding Strategic Behaviour
Author: S. Huck
Publisher: Springer
Total Pages: 359
Release: 2004-10-29
Genre: Business & Economics
ISBN: 0230523374

This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow. The articles were written in honour of Werner Güth.

Common Pool Resources

Common Pool Resources
Author: Ana Espinola-Arredondo
Publisher: Cambridge University Press
Total Pages: 223
Release: 2021-10-21
Genre: Business & Economics
ISBN: 1108831036

A textbook for students of economics introducing the analysis of common pool resources, using basic game-theory tools.

Cooperative Decision Making in Common Pool Situations

Cooperative Decision Making in Common Pool Situations
Author: Holger I. Meinhardt
Publisher: Springer Science & Business Media
Total Pages: 212
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642561365

The monograph gives a theoretical explanation of observed cooperative behavior in common pool situations. The incentives for cooperative decision making are investigated by means of a cooperative game theoretical framework. In a first step core existence results are worked out. Whereas general core existence results provide us with an answer for mutual cooperation, nothing can be said how strong these incentives and how stable these cooperative agreements are. To clarify these questions the convexity property for common pool TU-games in scrutinized in a second step. It is proved that the convexity property holds for a large subclass of symmetrical as well as asymmetrical cooperative common pool games. Core existence and the convexity results provide us with a theoretical explanation to bridge the gap between the observation in field studies for cooperation and the noncooperative prediction that the common pool resource will be overused and perhaps endangered.

Effects of Resource Changes and Stock Levels on Cooperative Behavior

Effects of Resource Changes and Stock Levels on Cooperative Behavior
Author: Nicola Cerutti
Publisher:
Total Pages: 20
Release: 2017
Genre:
ISBN:

Resource stock levels in common-pool resources have received little attention by academic research so far, and the results delivered are inconclusive as of yet. Furthermore, the reactions of users to resource changes, and the related variations in the levels of cooperation are still mostly unknown. In this paper we present the result of an experimental study that aims to test the effect of both resource changes and stock levels on harvesting behavior. We conducted common-pool resource laboratory experiments, using a student sample, with different resource stock levels, in order to test for differences in harvesting behavior, and presenting them just a payoff table, to minimize framing effects. We also collected further personal data and we tried to define what goal the students chose for themselves during the game. Our results suggest that, at least without framing the experiment, the resource levels do not induce different behavior, while other-related preferences seem to play a major role.

Governing the Commons

Governing the Commons
Author: Elinor Ostrom
Publisher: Cambridge University Press
Total Pages: 297
Release: 2015-09-23
Genre: Business & Economics
ISBN: 1107569788

Tackles one of the most enduring and contentious issues of positive political economy: common pool resource management.