Student Work

Dynamic Common Pool Resources

Public

Downloadable Content

open in viewer

I present a dynamic common pool resource experiment where subjects have to make individual withdrawals in 20 rounds of decision-making. The subjects have a group account to withdraw from, that grows round by round depending on how much was left in the account in the previous round. I determine if subjects allow the resource to last through all the rounds. Also I examine what the differences are between the good and bad groups. I observed that some groups have the ability to make the resource last and also the good and bad groups have significant differences in their behaviors. I have found that there are differences in the frequency, persistence, and intensity of the different kinds of behavior that they exhibit.

  • This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
Creator
Publisher
Identifier
  • E-project-050117-112201
Advisor
Year
  • 2017
Date created
  • 2017-05-01
Resource type
Major
Rights statement
Last modified
  • 2021-02-03

Relations

In Collection:

Items

Items

Permanent link to this page: https://digital.wpi.edu/show/gt54kp386