The effect of environmental uncertainty on the tragedy of the commons
成果类型:
Article
署名作者:
Aflaki, Sam
署名单位:
Hautes Etudes Commerciales (HEC) Paris
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2013.07.011
发表日期:
2013
页码:
240-253
关键词:
CPR games
Environmental uncertainty
Risk and ambiguity
The tragedy of the commons
摘要:
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. (C) 2013 Elsevier Inc. All rights reserved.
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