Cooperative Decision Making in Common Pool Situations

✍ Scribed by Holger I. Meinhardt (auth.)

Publisher: Springer-Verlag Berlin Heidelberg
Year: 2002
Tongue: English
Leaves: 211
Series: Lecture Notes in Economics and Mathematical Systems 517
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

The monograph gives a theoretical explanation of observed cooperative behavior in common pool situations. The incentives for cooperative decision making are investigated by means of a cooperative game theoretical framework. In a first step core existence results are worked out. Whereas general core existence results provide us with an answer for mutual cooperation, nothing can be said how strong these incentives and how stable these cooperative agreements are. To clarify these questions the convexity property for common pool TU-games in scrutinized in a second step. It is proved that the convexity property holds for a large subclass of symmetrical as well as asymmetrical cooperative common pool games. Core existence and the convexity results provide us with a theoretical explanation to bridge the gap between the observation in field studies for cooperation and the noncooperative prediction that the common pool resource will be overused and perhaps endangered.

✦ Table of Contents

Front Matter....Pages i-viii
Common Pool Resources....Pages 1-14
A Dynamic Resource Management Problem....Pages 15-38
Cooperative Game Theory....Pages 39-48
The Common Pool Game....Pages 49-95
Convexity of Symmetrical TU-CPR Games....Pages 97-117
Convexity of Asymmetrical TU-CPR Games....Pages 119-174
Concluding Remarks and Outlook on Future Research....Pages 175-179
An Overview of Bifurcation Theory....Pages 181-193
Back Matter....Pages 181-209

✦ Subjects

Game Theory/Mathematical Methods; Operation Research/Decision Theory

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