It takes the average reader 3 hours and 33 minutes to read Cooperative Decision Making in Common Pool Situations by Holger I. Meinhardt
Assuming a reading speed of 250 words per minute. Learn more
The monograph gives a theoretical explanation of observed cooperative behavior in common pool situations. The incentives for cooperative decision making are investigated by means of a cooperative game theoretical framework. In a first step core existence results are worked out. Whereas general core existence results provide us with an answer for mutual cooperation, nothing can be said how strong these incentives and how stable these cooperative agreements are. To clarify these questions the convexity property for common pool TU-games in scrutinized in a second step. It is proved that the convexity property holds for a large subclass of symmetrical as well as asymmetrical cooperative common pool games. Core existence and the convexity results provide us with a theoretical explanation to bridge the gap between the observation in field studies for cooperation and the noncooperative prediction that the common pool resource will be overused and perhaps endangered.
Cooperative Decision Making in Common Pool Situations by Holger I. Meinhardt is 212 pages long, and a total of 53,424 words.
This makes it 72% the length of the average book. It also has 65% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 51 minutes to read Cooperative Decision Making in Common Pool Situations aloud.
Cooperative Decision Making in Common Pool Situations is suitable for students ages 12 and up.
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