Economics of interaction: Potential outcomes in natural resource games
Timeframe: Jan 2003 - Dec 2004
Funder: Research Council of Norway
This project seeks to draw on ideas, concepts and key assumptions from traditional and evolutionary game theory, to develop analytical and applied empirical computational models for the analysis of potential outcomes in the use of common pool resources. We seek to provide reasonable answers to a number of questions, including: What possible cooperative and non-cooperative outcomes may be expected when agents are not assumed automatically to be fulle rational? Why may conflicts arise between interacting agents even when there is an apparent willingness among them to work cooperatively?