首页 | 本学科首页   官方微博 | 高级检索  
     检索      


The effect of environmental uncertainty on the tragedy of the commons
Institution:1. WU Vienna University of Economics and Business, Austria;2. Friedrich Schiller University, Jena, Germany
Abstract:We model a common pool resource game under environmental uncertainty, where individuals in a symmetric group face the dilemma of sharing a common resource. Each player chooses a consumption level and obtains a corresponding share of that resource, but if total consumption exceeds a sustainable level then the resource deteriorates and all players are worse-off. We consider the effect of uncertainty about the sustainable resource size on the outcome of this game. Assuming a general dynamic for resource deterioration, we study the effect of increased ambiguity (i.e., uncertain probabilities pertaining to the common resource?s sustainable size). We show that whereas increased risk may lead to more selfish behavior (i.e., to more consumption), increased ambiguity may have the opposite effect.
Keywords:CPR games  Environmental uncertainty  Risk and ambiguity  The tragedy of the commons
本文献已被 ScienceDirect 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号