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Analyzing the sustainability of harvesting behavior and the relationship to personality traits in a simulated Lotka-Volterra biotope

  • Grabner, Christian
  • Hahn, Heiko
  • Leopold-Wildburger, Ulrike
  • Pickl, Stefan
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    For the analysis presented in this paper we use experiments to study human behavior in a simulation environment based on a simple Lotka-Volterra predator-prey ecology. The aim is to study the influence of different harvesting strategies and of certain personality traits derived from the Hamburg Personality Inventory (HPI) [Andresen, B., 2002. HPI - Hamburger Persönlichkeitsinventar. Hogrefe, Göttingen] on the outcome in terms of sustainability and economic performance. The results of the empirical analysis show that the behavior that was expected to lead to higher performance indeed increases the success of the participants. The relationship between the personality traits and the performance of the subjects can also be corroborated by the results of the empirical analysis.

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    File URL: http://www.sciencedirect.com/science/article/B6VCT-4PYGVW2-6/2/78ed4956c941008a2c8fc02832ac6582
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    Article provided by Elsevier in its journal European Journal of Operational Research.

    Volume (Year): 193 (2009)
    Issue (Month): 3 (March)
    Pages: 761-767

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    Handle: RePEc:eee:ejores:v:193:y:2009:i:3:p:761-767
    Contact details of provider: Web page: http://www.elsevier.com/locate/eor

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    1. Becker, Gary S & Murphy, Kevin M, 1988. "A Theory of Rational Addiction," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 675-700, August.
    2. Dockner, Engelbert J & Feichtinger, Gustav, 1993. "Cyclical Consumption Patterns and Rational Addiction," American Economic Review, American Economic Association, vol. 83(1), pages 256-63, March.
    3. Ernst Fehr & Peter K. Zych, 2003. "Do Addicts Behave Rationally?," Experimental 0305002, EconWPA.
    4. Cason, Timothy N, 1995. "An Experimental Investigation of the Seller Incentives in the EPA's Emission Trading Auction," American Economic Review, American Economic Association, vol. 85(4), pages 905-22, September.
    5. T. Kämpke & R. Pestel & F.J. Radermacher, 2003. "A Computational Concept for Normative Equity," European Journal of Law and Economics, Springer, vol. 15(2), pages 129-163, March.
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