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PDF
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Type:
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Journal Article |
Author:
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Smajgl, Alexander |
Journal:
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Interdisciplinary Description of Complex Systems |
Volume:
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5 |
Page(s):
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Date:
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2007 |
URI:
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https://hdl.handle.net/10535/3485
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Sector:
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Theory |
Region:
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Subject(s):
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common pool resources--models institutional analysis--models agent-based computational economics simulations--models
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Abstract:
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"Institutional arrangements are key drivers of the use of common-pool resources (CPR). The analysis of existing arrangements requires a framework that allows research to describe a case study systematically and diagnose the institutional setting. Based on a sound understanding of current institutions the question of what effects alternate arrangements would have becomes evident. This step requires a predictive model, which can either be qualitative or, preferably, analyses an empirical case quantitatively. A major conceptual challenge of a quantitative model is the evolution of rules, which define the boundaries for the agents to choose strategies. This paper develops the conceptual foundations for such a modelling approach and an agent-based model for the analysis of institutional arrangements in a CPR setting."
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