Economics at your fingertips  

A Game of Common-pool Resource Management: Effects of Communication, Risky Environment and Worldviews

Peter Bednarik (), Linnerooth-Bayer, Joanne, Piotr Magnuszewski and Ulf Dieckmann

Ecological Economics, 2019, vol. 156, issue C, 287-292

Abstract: The ‘tragedy of the commons’ has been investigated for several decades. At its centre is the question whether a common resource will collapse under over-exploitation. The isolated analysis of one resource has many conceptual benefits, yet in reality resources and welfare are intertwined. In this paper, we investigate a situation where a resource which is exploited for profit has the additional feature of protecting against risk. Our main question is whether participants in an experimental game will prioritize such additional feature over maximizing profit and, if so, to what extent. Therefore, we designed a forest-harvesting game: Participants can harvest trees to generate income, and at the same time the forest serves as a protection against floods. Communication has been shown to play a vital role in managing commons. Our second aim is to test the importance of communication when the resource functions as a device of protecting against external risk. Lastly, we introduce a new perspective to the tragedy of the commons literature. Specifically, we investigate how the anthropologically motivated theory of risk perception (often called Cultural Theory) correlates with behaviour in our economic game. We believe that there is much potential in combining insights from these separate disciplines.

Keywords: Tragedy of the commons; Social dilemma; Cooperation; Behavioural experiment; Cultural theory (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-11-16
Handle: RePEc:eee:ecolec:v:156:y:2019:i:c:p:287-292