Ambiguity, social opinion and the use of common property resources
Data(s) |
01/09/2011
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Resumo |
In this paper we argue that ambiguity, combined with social opinion formation, can be used as the foundation of a game-theoretic equilibrium concept that transcends the standard Nash equilibrium concept, applied to a model of the tragedy of the commons. Our approach sheds light on the international environmental crisis and the relevant ongoing international negotiations. We conclude that social opinion formation in most cases has a significant impact on equilibrium common property resource usage. |
Identificador | |
Idioma(s) |
eng |
Direitos |
info:eu-repo/semantics/restrictedAccess |
Fonte |
Diamantaras , D & Gilles , R P 2011 , ' Ambiguity, social opinion and the use of common property resources ' Journal of Economic Behavior & Organization , vol 80 , no. 1 , pp. 210-222 . DOI: 10.1016/j.jebo.2011.03.008 |
Palavras-Chave | #/dk/atira/pure/subjectarea/asjc/1400/1407 #Organizational Behavior and Human Resource Management #/dk/atira/pure/subjectarea/asjc/2000/2002 #Economics and Econometrics |
Tipo |
article |