Tragedy of the Commons
| Author: | Bc. Andrea Pospíšilová |
|---|---|
| Year: | 2010 - summer |
| Leaders: | doc. PhDr. Martin Gregor Ph.D. |
| Consultants: | |
| Work type: | Bachelors |
| Language: | English |
| Pages: | 55 |
| Awards and prizes: | |
| Link: | |
| Abstract: | This thesis focuses on the situation known as the Tragedy of the Commons, in which conicting individual and group interests result in overappropriation of a common- pool resource. It examines the setting focusing on theoretical models, combining the approaches of game theory and maximization. It analyzes the e_ects of dif- ferent aspects of the situation, such as game structure, game payoffs, repetitions and individual and group characteristics, first in the setting where no interactions among players are possible, and then in the situation in which players are allowed to communicate and decide on some kind of management of the resource. In accord with many recent studies, this thesis shows that state management of a resource is not the only solution to the dilemma. Moreover, when interactions among players are allowed, users may be able to design their own rules, thus avoiding the `tragic' outcome. Communication and the ability to design sanctioning mechanism is shown to have a major impact on the success of these self-management rules. |
| Downloadable: | Bachelor Thesis |
