IDEAS home Printed from https://ideas.repec.org/a/now/jnlsbe/102.00000045.html
   My bibliography  Save this article

When Beliefs About Future Create Future - Exploitation of a Common Ecosystem from a New Perspective

Author

Listed:
  • Wiszniewska-Matyszkiel, Agnieszka

Abstract

In this paper, a model of an ecosystem influenced by a large human population is presented. It is modelled by a discrete time dynamic game with many players and a simple dynamics. The paper proposes a new way to look at the problems of exploitation of ecosystems by many users — using the author's concept of belief distorted Nash equilibria (BDNE) — new kind of equilibria in games in which the information of players may be distorted. In such situations Nash equilibrium ceases to be an adequate solution. One of important results of this paper is showing the role of properly designed ecological education as a very important factor influencing information that is crucial for players' decision making processes and, therefore, the state of the ecosystem itself.

Suggested Citation

  • Wiszniewska-Matyszkiel, Agnieszka, 2014. "When Beliefs About Future Create Future - Exploitation of a Common Ecosystem from a New Perspective," Strategic Behavior and the Environment, now publishers, vol. 4(3), pages 237-261, August.
    • Handle: RePEc:now:jnlsbe:102.00000045
    DOI: 10.1561/102.00000045
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1561/102.00000045
    Download Restriction: no
    File URL: https://libkey.io/10.1561/102.00000045?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

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


    Cited by:

    1. Agnieszka Wiszniewska-Matyszkiel & Rajani Singh, 2020. "When Inaccuracies in Value Functions Do Not Propagate on Optima and Equilibria," Mathematics, MDPI, vol. 8(7), pages 1-25, July.
    2. Agnieszka Wiszniewska-Matyszkiel, 2016. "Belief distorted Nash equilibria: introduction of a new kind of equilibrium in dynamic games with distorted information," Annals of Operations Research, Springer, vol. 243(1), pages 147-177, August.
    3. Agnieszka Wiszniewska-Matyszkiel, 2017. "Redefinition of Belief Distorted Nash Equilibria for the Environment of Dynamic Games with Probabilistic Beliefs," Journal of Optimization Theory and Applications, Springer, vol. 172(3), pages 984-1007, March.

    More about this item

    Keywords

    Exploitation of a common ecosystem; Ecological education; Games with many players; Dynamic games; Nash equilibrium; Imperfect information; Beliefs; Belief-distorted Nash equilibrium; Self-verification of beliefs;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    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:now:jnlsbe:102.00000045. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Lucy Wiseman (email available below). General contact details of provider: http://www.nowpublishers.com/ .

    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.