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Dynamic decision making in common-pool resource economic experiments: Behavioral heterogeneity in the field and the lab

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  • Rodrigo Salcedo

    (Ph.D. Candidate, The Pennsylvania State University)

Abstract

This research addresses the heterogeneity in actions of participants of economic framed field and laboratory experiments in order to identify different types of behavior in the use of the shared resource. A dynamic common pool resource experiment was conducted with both 84 farmers selected from different regions of the state of Aguascalientes, Mexico, and with 92 undergraduate students. A Bayesian finite mixture model is used to disentangle the classes of decision rules revealed by users. Different classes of decision rules are found between farms and students.

Suggested Citation

  • Rodrigo Salcedo, 2014. "Dynamic decision making in common-pool resource economic experiments: Behavioral heterogeneity in the field and the lab," Working Papers 201465, Latin American and Caribbean Environmental Economics Program, revised 2014.
    • Handle: RePEc:lae:wpaper:201465
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    Cited by:

    1. Wegmann, Johannes & Mußhoff, Oliver, 2019. "Groundwater management institutions in the face of rapid urbanization – Results of a framed field experiment in Bengaluru, India," Ecological Economics, Elsevier, vol. 166(C), pages 1-1.
    2. Wegmann, J., 2018. "Addressing the institutional challenges of groundwater management in areas of rapid urbanization," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277268, International Association of Agricultural Economists.

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