This paper presents a model of non-linear common-pool resource experiments with boundedly rational agents. The model is based on data of experiments with ...
The agents exhibit bounded rationality in the sense that they use simple heuristics and simple learning processes in an aspiration adaptation process, and base ...
Oct 22, 2024 · This paper presents a model of non-linear common-pool resource experiments with boundedly rational agents. The model is based on data of ...
This paper presents a model of non-linear common-pool resource experiments with boundedly rational agents. The model is based on data of experiments with and ...
... Modeling non-linear common-pool resource experiments with boundedly rational agents. Institute of Environmental Systems Research, University of Osnabrück, ...
Modeling Non-linear Common-Pool Resource Experiments with Boundedly Rational Agents · Eva Ebenhöh. Computer Science, Economics. mAbs. 2005. This paper presents ...
Abstract: This paper presents a model of non-linear common-pool resource experiments with boundedly rational agents. The model is based on data of experiments ...
This paper presents a model of non-linear common-pool resource experiments with boundedly rational agents. The model is based on data of experiments with and ...
Using this theoretical model and experimental design Ostrom, Gardner, and Walker compared the subject behavior to the symmetric Nash-Equilibrium predictions.
People also ask
What is a boundedly rational decision making model?
What is the common-pool resource model?
Abstract. In this paper we argue that simulating complex systems involving human behaviour requires agent rules based on a theoretically rooted structure.