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...

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Detalhes bibliográficos
Autor principal: Botelho, Anabela (author)
Outros Autores: Dinar, Ariel (author), Pinto, Lígia (author), Rapoport, Amnon (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2012
Texto completo:http://hdl.handle.net/1822/20443
País:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/20443