IDEAS home Printed from https://ideas.repec.org/a/aea/aecrev/v105y2015i5p408-13.html
   My bibliography  Save this article

Cooperation in a Dynamic Fishing Game: A Framed Field Experiment

Author

Listed:
  • Charles N. Noussair
  • Daan van Soest
  • Jan Stoop

Abstract

We derive a dynamic theoretical model of renewable resource extraction. In the social optimum, maximum extraction occurs in the last period only, while in the unique subgame perfect Nash equilibrium, the resource is depleted immediately. The predictions are tested in a field experiment conducted at a recreational fishing pond. The subjects, experienced recreational fishermen, face a dynamic social dilemma, in which they risk depletion of the resource by overfishing. We find strong support for the Nash equilibrium. Fishermen exert as much effort in the last period as in preceding periods, and effort is independent of the stock of fish.

Suggested Citation

  • Charles N. Noussair & Daan van Soest & Jan Stoop, 2015. "Cooperation in a Dynamic Fishing Game: A Framed Field Experiment," American Economic Review, American Economic Association, vol. 105(5), pages 408-413, May.
    • Handle: RePEc:aea:aecrev:v:105:y:2015:i:5:p:408-13
    Note: DOI: 10.1257/aer.p20151018
    as

    Download full text from publisher

    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/aer.p20151018
    Download Restriction: no
    File URL: https://www.aeaweb.org/aer/ds/10505/P2015_1018_ds.zip
    Download Restriction: no
    File URL: https://www.aeaweb.org/aer/data/10505/P2015_1018_data.zip
    Download Restriction: Access to full text is restricted to AEA members and institutional subscribers.
    ---><---

    References listed on IDEAS

    as
    1. Claudia Keser & Roy Gardner, 1999. "Strategic behavior of experienced subjects in a common pool resource game," International Journal of Game Theory, Springer;Game Theory Society, vol. 28(2), pages 241-252.
    2. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 9, pages 178-203, Palgrave Macmillan.
    3. Mason, Charles F. & Phillips, Owen R., 1997. "Mitigating the Tragedy of the Commons through Cooperation: An Experimental Evaluation," Journal of Environmental Economics and Management, Elsevier, vol. 34(2), pages 148-172, October.
    4. Dockner,Engelbert J. & Jorgensen,Steffen & Long,Ngo Van & Sorger,Gerhard, 2000. "Differential Games in Economics and Management Science," Cambridge Books, Cambridge University Press, number 9780521637329, November.
    5. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    6. Fischer, Maria-Elisabeth & Irlenbusch, Bernd & Sadrieh, Abdolkarim, 2004. "An intergenerational common pool resource experiment," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 811-836, September.
    7. Anthony Scott, 1955. "The Fishery: The Objectives of Sole Ownership," Journal of Political Economy, University of Chicago Press, vol. 63(2), pages 116-116.
    8. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62(2), pages 124-124.
    9. Gardner M. Brown, 2000. "Renewable Natural Resource Management and Use without Markets," Journal of Economic Literature, American Economic Association, vol. 38(4), pages 875-914, December.
    10. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Discussion Papers in Economics at the University of Washington 0025, Department of Economics at the University of Washington.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tisserand, Jean-Christian & Hopfensitz, Astrid & Blondel, Serge & Loheac, Youenn & Mantilla, César & Mateu, Guillermo & Rosaz, Julie & Rozan, Anne & Willinger, Marc & Sutan, Angela, 2022. "Management of common pool resources in a nation-wide experiment," Ecological Economics, Elsevier, vol. 201(C).
    2. Libois, François, 2022. "Success and failure of communities managing natural resources: Static and dynamic inefficiencies," Journal of Environmental Economics and Management, Elsevier, vol. 114(C).
    3. Safarzynska, Karolina & Sylwestrzak, Marta, 2021. "Resource depletion and conflict: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 902-917.
    4. Guillaume Bataille & Benteng Zou, 2024. "International Fisheries Agreements: Endogenous Exits, Shapley Values, and Moratorium Fishing Policy," AMSE Working Papers 2421, Aix-Marseille School of Economics, France.
    5. M. Djiguemde & D. Dubois & A. Sauquet & M. Tidball, 2022. "Continuous Versus Discrete Time in Dynamic Common Pool Resource Game Experiments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(4), pages 985-1014, August.
    6. Lopes, Adrian A. & Tasneem, Dina & Viriyavipart, Ajalavat, 2023. "Nudges and compensation: Evaluating experimental evidence on controlling rice straw burning," Ecological Economics, Elsevier, vol. 204(PB).
    7. Arbel, Yuval & Bar-El, Ronen & Tobol, Yossef, 2016. "Fundraising to a real-life public good – evidence from the laboratory," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 65(C), pages 27-37.
    8. Haeussler, Stefan & Stefan, Matthias & Schneckenreither, Manuel & Onay, Anita, 2021. "The lead time updating trap: Analyzing human behavior in capacitated supply chains," International Journal of Production Economics, Elsevier, vol. 234(C).
    9. Murielle Djiguemde & Dimitri Dubois & Alexandre Sauquet & Mabel Tidball, 2019. "On the modeling and testing of groundwater resource models," CEE-M Working Papers hal-02316729, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    10. Christian Ewerhart, 2015. "Contest success functions: the common-pool perspective," ECON - Working Papers 195, Department of Economics - University of Zurich.
    11. Murielle Djiguemde, 2020. "A survey on dynamic common pool resources : theory and experiment," Working Papers hal-03022377, HAL.
    12. Brent, Daniel A. & Friesen, Lana & Gangadharan, Lata & Leibbrandt, Andreas, 2017. "Behavioral Insights from Field Experiments in Environmental Economics," International Review of Environmental and Resource Economics, now publishers, vol. 10(2), pages 95-143, May.
    13. Safarzynska, Karolina, 2020. "Collective punishment promotes resource conservation if it is not enforced," Forest Policy and Economics, Elsevier, vol. 113(C).
    14. Caleb M. Koch & Heinrich H. Nax, 2022. "Groundwater Usage and Strategic Complements: Part I (Instrumental Variables)," Games, MDPI, vol. 13(5), pages 1-19, October.
    15. Murielle Djiguemde, 2020. "A survey on dynamic common pool resources : theory and experiment," CEE-M Working Papers hal-03022377, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    16. Gbetonmasse B. Somasse & Alexander Smith & Zachary Chapman, 2018. "Characterizing Actions in a Dynamic Common Pool Resource Game," Games, MDPI, vol. 9(4), pages 1-13, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. José Ramón Ruiz Tamarit & Manuel Sánchez Moreno, 2006. "Optimal Regulation And Growth In A Natural-Resource-Based Economy," Working Papers. Serie AD 2006-21, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    2. Wei-Bin Zhang, 2015. "Oscillations in a Growth Model with Endogenous Wealth, Resource, Housing, and Elastic Labour Supply," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(9), pages 458-472, September.
    3. Wei-Bin Zhang, 2017. "Growth with Endogenous Capital, Knowledge, and Renewable Resources," Romanian Statistical Review, Romanian Statistical Review, vol. 65(1), pages 19-37, March.
    4. Wei-Bin ZHANG, 2014. "Human Capital, Wealth, and Renewable Resources," Expert Journal of Economics, Sprint Investify, vol. 2(1), pages 1-20.
    5. Zhang Wei-Bin, 2011. "Economic Growth And Dynamics Of Renewable Resource With Housing, Agricultural And Resource Land Use," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 6(2), pages 151-174, August.
    6. Suphaphiphat, Nujin & Peretto, Pietro F. & Valente, Simone, 2015. "Endogenous growth and property rights over renewable resources," European Economic Review, Elsevier, vol. 76(C), pages 125-151.
    7. Lopez, Ramon E. & Anriquez, Gustavo & Gulati, Sumeet, 2007. "Structural change and sustainable development," Journal of Environmental Economics and Management, Elsevier, vol. 53(3), pages 307-322, May.
    8. Raja R Timilsina & Yutaka Kobayashi & Koji Kotani, 2022. "Non-kinship successors for resource sustainability," Working Papers SDES-2022-2, Kochi University of Technology, School of Economics and Management, revised Jan 2022.
    9. Ansink, Erik & Bouma, Jetske, 2013. "Effective support for community resource management," Forest Policy and Economics, Elsevier, vol. 37(C), pages 94-103.
    10. Antoci, Angelo & Galeotti, Marcello & Russu, Paolo, 2011. "Poverty trap and global indeterminacy in a growth model with open-access natural resources," Journal of Economic Theory, Elsevier, vol. 146(2), pages 569-591, March.
    11. Susana Ferreira, 2007. "Trade Policy and Natural Resource Use: The Case for a Quantitative Restriction," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(2), pages 361-376, June.
    12. Gebreegziabher, Zenebe & Mekonnen, Alemu & Gebremedhin, Berhanu & Beyene, Abebe D., 2021. "Determinants of success of community forestry: Empirical evidence from Ethiopia," World Development, Elsevier, vol. 138(C).
    13. ZHANG Wei-Bin, 2015. "Values Of Land And Renewable Resources In A Three-Sector Economic Growth Model," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 10(1), pages 156-186, April.
    14. Le, Thanh & Le Van, Cuong, 2016. "Transitional dynamics in an R&D-based growth model with natural resources," Mathematical Social Sciences, Elsevier, vol. 82(C), pages 1-17.
    15. Birgit Bednar-Friedl & Edwin Muchapondwa & Precious Zikhali & Samson Mukanjari, 2012. "Evaluating the Prospects of Benefit Sharing Schemes in Protecting Mountain Gorillas in Central Africa," Working Papers 321, Economic Research Southern Africa.
    16. Selles Jules & Bonhommeau Sylvain & Guillotreau Patrice & Vallée Thomas, 2020. "Can the Threat of Economic Sanctions Ensure the Sustainability of International Fisheries? An Experiment of a Dynamic Non-cooperative CPR Game with Uncertain Tipping Point," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(1), pages 153-176, May.
    17. Fischer, Maria-Elisabeth & Irlenbusch, Bernd & Sadrieh, Abdolkarim, 2004. "An intergenerational common pool resource experiment," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 811-836, September.
    18. Raja Timilsina & Koji Kotani & Yoshio Kamijo, 2016. "Sustainability of common pool resources: A field-experimental approach," Working Papers SDES-2016-6, Kochi University of Technology, School of Economics and Management, revised Apr 2016.
    19. Ellis, Christopher J., 2001. "Common Pool Equities: An Arbitrage Based Non-cooperative Solution to the Common Pool Resource Problem," Journal of Environmental Economics and Management, Elsevier, vol. 42(2), pages 140-155, September.
    20. repec:grz:wpaper:2014-08 is not listed on IDEAS
    21. Schnier, Kurt Erik, 2009. "Spatial externalities and the common-pool resource mechanism," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 402-415, May.

    More about this item

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:aecrev:v:105:y:2015:i:5:p:408-13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.