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Modelling Evolving Rules for the Use of Common-Pool Resources in an Agent-Based Model

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Type: Conference Paper
Author: Smajgl, Alexander
Conference: The Commons in an Age of Global Transition: Challenges, Risks and Opportunities, the Tenth Biennial Conference of the International Association for the Study of Common Property
Location: Oaxaca, Mexico
Conf. Date: August 9-13
Date: 2004
URI: https://hdl.handle.net/10535/2194
Sector: Theory
Subject(s): IASC
common pool resources--models
institutional analysis--models
institutional change
agent-based computational economics
adaptive systems
Abstract: "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 modeling approach and an agent-based model for the analysis of institutional arrangements in a CPR setting."

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