A Note on Funaki and Yamato's Tragedy of the Commons
AbstractIn 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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Bibliographic InfoPaper provided by EconWPA in its series Game Theory and Information with number 0203006.
Length: 6 pages
Date of creation: 15 Mar 2002
Date of revision:
Note: Type of Document - Postscript; prepared on IBM PC - PC-TEX; to print on PostScript; pages: 6 ; figures: 1, included
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Web page: http://126.96.36.199
core; partition function; externalities; behavioural assumptions;
Other versions of this item:
- László Á.Kóczy, 2002. "A Note on Funaki and Yamato's Tragedy of the Commons," Center for Economic Studies - Discussion papers ces0217, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Cooperation to save species
by László Á. Kóczy in Game theory, research & other stuff on 2010-09-13 10:03:00
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