Time and uncertainty in resource dilemmas : equilibrium solutions and experimental results
Most common pool resource (CPR) dilemmas share two features: they evolve over time and they are managed under environmental uncertainties. We propose a finite-horizon, stochastic, dynamic model that integrates these two dimensions. A distinguishing feature of our model is that the duration of the ga...
| Main Author: | |
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| Other Authors: | , , |
| Format: | workingPaper |
| Language: | eng |
| Published: |
2012
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| Online Access: | http://hdl.handle.net/1822/20443 |
| Country: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/20443 |