The survival of the conformist: social pressure and renewable resource management
AbstractThis paper examines the role of other-regarding behavior as a mechanism for the establishment and maintenance of cooperation in resource use under variable social and environmental conditions. By coupling resource stock dynamics with social dynamics concerning compliance to a social norm prescribing non-excessive resource extraction in a common pool resource, we show that when reputational considerations matter and a sufficient level of social stigma affects the violators of a norm, sustainable outcomes are achieved. We find large parameter regions where norm-observing and norm-violating types coexist, and analyze to what extent such coexistence depends on the environment.
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Bibliographic InfoPaper provided by Grantham Research Institute on Climate Change and the Environment in its series Grantham Research Institute on Climate Change and the Environment Working Papers with number 35.
Date of creation: Jan 2011
Date of revision:
Other versions of this item:
- Alessandro Tavoni & Maja Schlüter & Simon Levin, 2010. "The Survival of the Conformist: Social Pressure and Renewable Resource Management," Working Papers 2010.127, Fondazione Eni Enrico Mattei.
- Alessandro Tavoni & Maja Schlüter & Simon Levin, 2011. "The survival of the conformist: social pressure and renewable resource management," LSE Research Online Documents on Economics 37571, London School of Economics and Political Science, LSE Library.
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
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