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Commons without Tragedy: Sampling Dynamics and Cooperative Resource Extraction

Author

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  • Juan Camilo Cárdenas
  • César Mantilla
  • Rajiv Sethi

Abstract

This paper reconsiders evidence from experimental common pool resource games from the perspective of a dynamic model of sampling. Despite being parameter-free, the model is able to replicate some striking features of the data: monotonic frequency distributions, the persistent use of strictly dominated actions, and stable heterogeneity in choices. We argue that these patterns cannot be fully accounted for by existing theories based on other-regarding preferences and norms, and that the dynamics of sampling provide a useful complementary explanation for behavior in social dilemmas.

Suggested Citation

  • Juan Camilo Cárdenas & César Mantilla & Rajiv Sethi, 2013. "Commons without Tragedy: Sampling Dynamics and Cooperative Resource Extraction," Documentos CEDE 11892, Universidad de los Andes, Facultad de Economía, CEDE.
    • Handle: RePEc:col:000089:011892
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    File URL: https://repositorio.uniandes.edu.co/bitstream/handle/1992/8439/dcede2013-47.pdf
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    References listed on IDEAS

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    Cited by:

    1. Kimbrough, Erik O. & Vostroknutov, Alexander, 2015. "The social and ecological determinants of common pool resource sustainability," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 38-53.
    2. María Alejandra Vélez & Carlos Andres Trujillo & Lina Moros & Clemente Forero, 2016. "Prosocial Behavior and Subjective Insecurity in Violent Contexts: Field Experiments," PLOS ONE, Public Library of Science, vol. 11(7), pages 1-23, July.

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    More about this item

    Keywords

    Common Pool Resources; Experiments; Sampling Equilibrium;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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