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

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2007

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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 modelling approach and an agent-based model for the analysis of institutional arrangements in a CPR setting."

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common pool resources--models, institutional analysis--models, agent-based computational economics, simulations--models

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