Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:52:42am WEST
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Daily Overview |
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Thresholds, Cooperation and Behavior Location: B002 Session Chair: Daniel Martinez-Felip, The University of Western Australia | |
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Dynamic Common Pool Resource Allocation Under Heterogeneous Thresholds 1: University of Georgia; 2: University of Delaware; 3: Reduction in Motion; 4: Innovative Groundwater Solutions, Aquatic & Coastal Environments Common pool resource (CPR) use is shaped by intertemporal dynamics, resource collapse thresholds, and user heterogeneity - complex features that affect sustainable CPR management but are rarely examined together. We theoretically develop a dynamic CPR game that incorporates all three features, and we empirically test the model using a laboratory experiment focused on groundwater depletion. Our theoretical model predicts behavior at equilibrium under homogeneous and heterogeneous resource collapse thresholds, with players exiting the game upon collapse. The experiment compares observed behavior to these predictions. We find that participants consistently under-extract relative to the Markov perfect equilibrium. Heterogeneous thresholds lead to lower aggregate extraction and higher social efficiency, even though high-risk users remain active longer than predicted. These findings suggest that making heterogeneity more salient among users and targeting high-risk users with conservation incentives may contribute to more sustainable and efficient CPR management outcomes. | |