A Note on Funaki and Yamato's Tragedy of the Commons

Center for Economic Studies - Discussion papers from Katholieke Universiteit Leuven, Centrum voor Economische Studiën

Abstract: In the model of Funaki and Yamato (1999) the tragedy of the commons can be avoided with pessimistic players, while this does not hold for optimistic players. We propose a new core concept to overcome this puzzle and provide numerical simulations of simple games where the conclusions coincide or are less sensitive to behavioural assumptions.

New Economics Papers: this item is included in nep-gth
Date: 2002-03

Downloads: (external link)
http://www.econ.kule ... rs/Dps02/Dps0217.pdf

Related works:
Working Paper: A Note on Funaki and Yamato's Tragedy of the Commons (2002)
Working Paper: A Note on Funaki and Yamato's Tragedy of the Commons (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this paper

More papers in Center for Economic Studies - Discussion papers from Katholieke Universiteit Leuven, Centrum voor Economische Studiën
Contact information at EDIRC.
Series data maintained by Karla Vander Weyden ().