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Measure more or report faster? Effect of information perception on management of commons

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  • Saeed P. Langarudi
  • Carlos G. Silva
  • Alexander G. Fernald

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  • Saeed P. Langarudi & Carlos G. Silva & Alexander G. Fernald, 2021. "Measure more or report faster? Effect of information perception on management of commons," System Dynamics Review, System Dynamics Society, vol. 37(1), pages 72-92, January.
    • Handle: RePEc:bla:sysdyn:v:37:y:2021:i:1:p:72-92
    DOI: 10.1002/sdr.1677
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    References listed on IDEAS

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    1. Goette, Lorenz & Tiefenbeck, Verena & Degen, Kathrin & Fleisch, Elgar & Tasic, Vojkan & Lalive, Rafael & Staake, Thorsten, 2016. "Overcoming Salience Bias: How Real-Time Feedback Fosters Resource Conservation," CEPR Discussion Papers 11480, C.E.P.R. Discussion Papers.
    2. Hazhir Rahmandad, 2008. "Effect of Delays on Complexity of Organizational Learning," Management Science, INFORMS, vol. 54(7), pages 1297-1312, July.
    3. Daniel Kahneman & Peter P. Wakker & Rakesh Sarin, 1997. "Back to Bentham? Explorations of Experienced Utility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(2), pages 375-406.
    4. Erling Moxnes, 1998. "Not Only the Tragedy of the Commons: Misperceptions of Bioeconomics," Management Science, INFORMS, vol. 44(9), pages 1234-1248, September.
    5. Douglas, Paul H, 1976. "The Cobb-Douglas Production Function Once Again: Its History, Its Testing, and Some New Empirical Values," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 903-915, October.
    6. Langarudi, Saeed P. & Maxwell, Connie M. & Bai, Yining & Hanson, Austin & Fernald, Alexander, 2019. "Does Socioeconomic Feedback Matter for Water Models?," Ecological Economics, Elsevier, vol. 159(C), pages 35-45.
    7. Brocas, Isabelle, 2012. "Information processing and decision-making: Evidence from the brain sciences and implications for economics," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 292-310.
    8. John D. Sterman & Rebecca Henderson & Eric D. Beinhocker & Lee I. Newman, 2007. "Getting Big Too Fast: Strategic Dynamics with Increasing Returns and Bounded Rationality," Management Science, INFORMS, vol. 53(4), pages 683-696, April.
    9. John D. Sterman, 1989. "Modeling Managerial Behavior: Misperceptions of Feedback in a Dynamic Decision Making Experiment," Management Science, INFORMS, vol. 35(3), pages 321-339, March.
    10. John Hampton & John R. Sibert & Pierre Kleiber & Mark N. Maunder & Shelton J. Harley, 2005. "Decline of Pacific tuna populations exaggerated?," Nature, Nature, vol. 434(7037), pages 1-2, April.
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    Cited by:

    1. Jiangbo Yu, 2022. "An elementary mechanism for simultaneously modeling discrete decisions and decision times," System Dynamics Review, System Dynamics Society, vol. 38(3), pages 215-245, July.
    2. Johanna Gisladottir & Sigurbjörg Sigurgeirsdottir & Ingrid Stjernquist & Kristin Vala Ragnarsdottir, 2022. "Transparency and Leverage Points for Sustainable Resource Management," Sustainability, MDPI, vol. 14(24), pages 1-17, December.

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