Cooperation in the commons (Q2505524)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Cooperation in the commons |
scientific article |
Statements
Cooperation in the commons (English)
0 references
26 September 2006
0 references
The authors delineate circumstances in which a first best cooperative solution can be supported as a subgame perfect equilibrium in a dynamic common property renewable resource game. The strategy profiles are developed for a wide range of parameters. The strategy profile is consistence with the human behaviour observed in experiments.
0 references
common property resource
0 references
co-operation
0 references
dynamic game
0 references
0 references