Abstract

OSORIO MUNERA, Juan David  and  BETANCUR HINESTROZA, Isabel Cristina. Design of an experimental economic game about sustainable management strategies of common-use resources. Semest. Econ. [online]. 2007, vol.10, n.20, pp.29-48. ISSN 0120-6346.

Common-use resources have been considered as important ecosystems for the world. However, they are subject to a degradation due to their excessive use. Such a situation occurs for its nonexclusion and rivalry features. With the purpose of finding strategies of sustainable management of common-use natural resources, an experimental game which makes it easy to capture agents’ behavior on fishing resources management was built. This methodology allows verifying if individuals, when having free access to the resource, extract unites foreseen by Nash equilibrium for non-cooperative games, and if under specific management strategies, it is possible to reduce extractions to optimum social levels established from a theoretical point of view. As a result of the game design, external regulation treatments (or fine), communication before each turn, continuation of extraction under free access, and public declaration were created.

Keywords : Collective action; experimental design; common-use resources; experimental economy; noncooperative games.

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