Determinazione di strategie nello sfruttamento di una risorsa rinnovabile
In this paper we propose a static model describing the commercial exploitation of a common property renewable resource by a population of agents. Players can cooperate or compete; cooperators maximize the utility of their group while defectors maximize their own profit. The model provide for one utility function which can be used for every kind of player. Agents aren't assumed to be divided into the two groups from the beginning; by solving the static game we obtained the best response function of i-th player without making other agents positions. Then, the Nash equilibria we calculated point out how different strategies - all the players cooperate, all the players compete or players can be divided into cooperators and defectors - can coexist. In any case we have analyzed, it's possible to observe how the total harvest depend on renewable resource stock, and how it influences agents' positions. Keywords Resource Exploitation, Game Theory
|Date of creation:||Sep 2004|
|Contact details of provider:|| Postal: Largo Papa Giovanni Paolo II, 1 -71100- Foggia (I)|
Web page: http://www.dsems.unifg.it
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sethi, Rajiv & Somanathan, E, 1996. "The Evolution of Social Norms in Common Property Resource Use," American Economic Review, American Economic Association, vol. 86(4), pages 766-88, September.
When requesting a correction, please mention this item's handle: RePEc:ufg:qdsems:09-2004. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Luca Grilli)
If references are entirely missing, you can add them using this form.