hidden
Image Database Export Citations

Menu:

Social Capital and Cooperation: Communication, Bounded Rationality, and Behavioral Heuristics

Show full item record

Type: Conference Paper
Author: Gardner, Roy; Ostrom, Elinor; Walker, James M.
Conference: Inequality and the Commons, the Third Biennial Conference of the International Association for the Study of Common Property
Location: Washington, DC
Conf. Date: September 1992
Date: 1992
URI: https://hdl.handle.net/10535/1794
Sector: Theory
Region:
Subject(s): Workshop
common pool resources
game theory
IASC
Abstract: "Common-pool resources are natural or man made resources used in common by multiple users, where yield is subtractable (rival) and exclusion is nontrivial (but not necessarily impossible). The role of face-to-face communication in CPR situations, where individuals must repeatedly decide on the number of resource units to withdraw from a common-pool, is open to considerable theoretical and policy debate. In this paper, we summarize the findings from a series of experiments in which we operationalize face-toface communication (without the presence of external enforcement). In an attempt to understand the high degree of cooperation observed in the laboratory, we turn to a bounded rationality explanation as a starting point for understanding how cooperative behavior can be supponed in decision environments where game theory suggests it will not."

Files in this item

Files Size Format View
Social_Capital_ ... _Behavioral_Heuristics.pdf 1.524Mb PDF View/Open

This item appears in the following document type(s)

Show full item record