TY - JOUR
T1 - Common pool resource dilemmas under uncertainty
T2 - Qualitative tests of equilibrium solutions
AU - Budescu, David V.
AU - Rapoport, Amnon
AU - Suleiman, Ramzi
PY - 1995/7
Y1 - 1995/7
N2 - The Common Pool Resource (CPR) dilemma game is a single-stage noncooperative game in which n players share a CPR whose size, X, is a random variable with a commonly known probability distribution. We present the equilibrium solutions for CPR games in which X has a uniform distribution, players have power utility functions with a common parameter, c, and requests are made simultaneously or sequentially. Two experiments using groups of n = 5 players provide support for the major qualitative predictions of the model.
AB - The Common Pool Resource (CPR) dilemma game is a single-stage noncooperative game in which n players share a CPR whose size, X, is a random variable with a commonly known probability distribution. We present the equilibrium solutions for CPR games in which X has a uniform distribution, players have power utility functions with a common parameter, c, and requests are made simultaneously or sequentially. Two experiments using groups of n = 5 players provide support for the major qualitative predictions of the model.
UR - http://www.scopus.com/inward/record.url?scp=0001591138&partnerID=8YFLogxK
U2 - 10.1006/game.1995.1029
DO - 10.1006/game.1995.1029
M3 - Article
AN - SCOPUS:0001591138
SN - 0899-8256
VL - 10
SP - 171
EP - 201
JO - Games and Economic Behavior
JF - Games and Economic Behavior
IS - 1
ER -