Browsing Waterloo Research by Subject "tragedy of the commons"
Now showing items 1-1 of 1
-
Best response dynamics improve sustainability and equity outcomes in common-pool resources problems, compared to imitation dynamics
(Journal of Theoretical Biology, 2021-01-21)Shared resource extraction among profit-seeking individuals involves a tension between individual benefit and the collective well-being represented by the persistence of the resource. Many game theoretic models explore ...