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Measure more or report faster? Effect of information perception on management of commons

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  • Saeed P. Langarudi
  • Carlos G. Silva
  • Alexander G. Fernald

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  • Saeed P. Langarudi & Carlos G. Silva & Alexander G. Fernald, 2021. "Measure more or report faster? Effect of information perception on management of commons," System Dynamics Review, System Dynamics Society, vol. 37(1), pages 72-92, January.
    • Handle: RePEc:bla:sysdyn:v:37:y:2021:i:1:p:72-92
    DOI: 10.1002/sdr.1677
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    References listed on IDEAS

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    1. Brocas, Isabelle, 2012. "Information processing and decision-making: Evidence from the brain sciences and implications for economics," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 292-310.
    2. Goette, Lorenz & Tiefenbeck, Verena & Degen, Kathrin & Fleisch, Elgar & Tasic, Vojkan & Lalive, Rafael & Staake, Thorsten, 2016. "Overcoming Salience Bias: How Real-Time Feedback Fosters Resource Conservation," CEPR Discussion Papers 11480, C.E.P.R. Discussion Papers.
    3. Erling Moxnes, 1998. "Not Only the Tragedy of the Commons: Misperceptions of Bioeconomics," Management Science, INFORMS, vol. 44(9), pages 1234-1248, September.
    4. John Hampton & John R. Sibert & Pierre Kleiber & Mark N. Maunder & Shelton J. Harley, 2005. "Decline of Pacific tuna populations exaggerated?," Nature, Nature, vol. 434(7037), pages 1-2, April.
    5. Daniel Kahneman & Peter P. Wakker & Rakesh Sarin, 1997. "Back to Bentham? Explorations of Experienced Utility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(2), pages 375-406.
    6. John D. Sterman & Rebecca Henderson & Eric D. Beinhocker & Lee I. Newman, 2007. "Getting Big Too Fast: Strategic Dynamics with Increasing Returns and Bounded Rationality," Management Science, INFORMS, vol. 53(4), pages 683-696, April.
    7. John D. Sterman, 1989. "Modeling Managerial Behavior: Misperceptions of Feedback in a Dynamic Decision Making Experiment," Management Science, INFORMS, vol. 35(3), pages 321-339, March.
    8. Hazhir Rahmandad, 2008. "Effect of Delays on Complexity of Organizational Learning," Management Science, INFORMS, vol. 54(7), pages 1297-1312, July.
    9. Douglas, Paul H, 1976. "The Cobb-Douglas Production Function Once Again: Its History, Its Testing, and Some New Empirical Values," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 903-915, October.
    10. Langarudi, Saeed P. & Maxwell, Connie M. & Bai, Yining & Hanson, Austin & Fernald, Alexander, 2019. "Does Socioeconomic Feedback Matter for Water Models?," Ecological Economics, Elsevier, vol. 159(C), pages 35-45.
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    Cited by:

    1. Jiangbo Yu, 2022. "An elementary mechanism for simultaneously modeling discrete decisions and decision times," System Dynamics Review, System Dynamics Society, vol. 38(3), pages 215-245, July.
    2. Johanna Gisladottir & Sigurbjörg Sigurgeirsdottir & Ingrid Stjernquist & Kristin Vala Ragnarsdottir, 2022. "Transparency and Leverage Points for Sustainable Resource Management," Sustainability, MDPI, vol. 14(24), pages 1-17, December.

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