Exploring game theory as a tool for mapping strategic interactions in common pool resource scenarios.
Abstract
This paper aims to introduce game theory as an analytical tool for understanding and mapping strategic interactions amongst individuals and organisations in the management of common pool resources (CPR).
The paper reviews the most frequently used games for depicting problems encountered in CPR settings and illustrates the use of game theory in analysing binding agreements as institutional solutions to CPR problems. The paper concludes by illustrating how game theory can be applied to understanding decision-making processes and assessing the desirability and viability of policy options in the context of semi-arid Tanzania.
Citation
Perez-Cirera, V. 2001. Exploring game theory as a tool for mapping strategic interactions in common pool resource scenarios. York: Environment Department, York University, UK, 17 pp.
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