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The Tragedy of the Commons from a Game-Theoretic Perspective

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  • Florian K. Diekert

    ()
    (Centre for Ecological and Evolutionary Synthesis (CEES), Department of Biology, University of Oslo, Postbox 1066, 0316 Oslo, Norway
    Department of Economics, University of Oslo, P.O. 1095, 0317 Oslo, Norway)

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    Abstract

    Twenty years after the declarations from the Earth Summit in Rio, the world faces an unattenuated host of problems that threaten the goal of sustainable development. The challenge to cooperatively solve socio-ecological problems has been portrayed in Garrett Hardin’s essay “The Tragedy of the Commons”. While this paper remains controversial, it has inspired a vast number of theoretical, experimental, and empirical contributions that have clarified the mechanisms of collective action problems and suggested ways to overcome these. This article reviews the recent game-theoretic research in this field.

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    File URL: http://www.mdpi.com/2071-1050/4/8/1776/pdf
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    Bibliographic Info

    Article provided by MDPI, Open Access Journal in its journal Sustainability.

    Volume (Year): 4 (2012)
    Issue (Month): 8 (August)
    Pages: 1776-1786

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    Handle: RePEc:gam:jsusta:v:4:y:2012:i:8:p:1776-1786:d:19419

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    Related research

    Keywords: game theory; renewable resources; tragedy of the commons;

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    1. Elinor Ostrom, 2000. "Collective Action and the Evolution of Social Norms," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 137-158, Summer.
    2. Stephen Polasky & Nori Tarui & Gregory Ellis & Charles Mason, 2006. "Cooperation in the commons," Economic Theory, Springer, vol. 29(1), pages 71-88, September.
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