In the model of Funaki and Yamato (1999) the tragedy of the commons can be avoided with pessimistic players, while this does not hold for optimistic players. We propose a new core concept to overcome this puzzle and provide numerical simulations of simple games where the conclusions coincide or are less sensitive to behavioural assump-tions.
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Length: 6 pages Date of creation: 15 Mar 2002 Date of revision: Handle: RePEc:wpa:wuwpga:0203006
Note: Type of Document - Postscript; prepared on IBM PC - PC-TEX; to print on PostScript; pages: 6 ; figures: 1, included Contact details of provider: Web page: http://129.3.20.41
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