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Modelling of decision making in a common pool resource dilemma with a dynamic resource

Acceso Cerrado
ID Minciencias: TP-0000213411-8
Ranking: TP-TP_B

Abstract:

This paper presents the results of a system dynamic model that allows the possibility to study the changes in players extraction behavior when moving from a static field experiment to a dynamic resource simulated through dynamic modeling. We build an artificial experiment based on the results of a static experiment conducted with fishers in the Peruvian Amazon. Our results suggest that the fishers in this experiment used the first norm of reciprocity described by Ostrom (1998), Always cooperate first, stop cooperating if others do not reciprocate, punish non-cooperators if feasible. System Dynamics approach allows us to simulate fishers behavior with a dynamic resource. We found that artificial players did not change their behavior with the introduction of the dynamic resource, therefore depleting it. This result is consistent with evidence found in dynamic experiments and in few fisheries around the world showing that the dynamic resources create misperceptions among the users.

Tópico:

Experimental Behavioral Economics Studies

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