Stable Sampling Equilibrium in Common Pool Resource Games

This paper reconsiders evidence from experimental common pool resource games from the perspective of a model of payoff sampling. Despite being parameter-free, the model is able to replicate some striking features of the data, including single-peaked frequency distributions, the persistent use of str...

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Bibliographic Details
Main Authors: Juan Camilo Cárdenas, César Mantilla, Rajiv Sethi
Format: Article
Language:English
Published: MDPI AG 2015-08-01
Series:Games
Subjects:
Online Access:http://www.mdpi.com/2073-4336/6/3/299