What motivates common pool resource users? Experimental evidence from the field

Maria Vélez, John K. Stranlund and James Murphy

Journal of Economic Behavior & Organization, 2009, vol. 70, issue 3, 485-497

Abstract: This paper develops and tests several models of pure Nash strategies of individuals who extract from a common pool resource when they are motivated by a combination of self-interest and preferences for altruism, reciprocity, inequity aversion, or conformity. Using data from experiments conducted in three regions of Colombia that depend critically on a local fishery, we test whether an econometric summary of the subjects' pure Nash strategies is consistent with one or more of these models. We find that a model that balances self-interest with a strong preference for conformity best describes average strategies.

Keywords: Altruism; Common; pool; resources; Conformity; Experiments; Reciprocity (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (60)

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Related works:
Working Paper: What Motivates Common Pool Resource Users? Experimental Evidence from the Field (2005)
Working Paper: What Motivates Common Pool Resource Users? Experimental Evidence from the Field (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:70:y:2009:i:3:p:485-497

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