FIXED POSITION AND PROPERTY-RIGHTS IN SEQUENTIAL RESOURCE DILEMMAS UNDER UNCERTAINTY

Citation
R. Suleiman et al., FIXED POSITION AND PROPERTY-RIGHTS IN SEQUENTIAL RESOURCE DILEMMAS UNDER UNCERTAINTY, Acta psychologica, 93(1-3), 1996, pp. 229-245
Citations number
31
Categorie Soggetti
Psychology, Experimental
Journal title
ISSN journal
00016918
Volume
93
Issue
1-3
Year of publication
1996
Pages
229 - 245
Database
ISI
SICI code
0001-6918(1996)93:1-3<229:FPAPIS>2.0.ZU;2-E
Abstract
Considered in this paper is a noncooperative n-person resource dilemma game in which players can share a common and uncertain resource whose probability distribution is common knowledge. Making their requests f rom the pool privately with no preplay communication, individuals are granted their requests if, and only if, the total group request does n ot exceed the value of the unknown resource. We investigate this game under the sequential protocol of play and show that if positions in th e sequence are fixed for all stage games and commonly known, the threa t of retaliation against players requesting disproportionally large sh ares is sufficient to induce a more egalitarian distribution of reques ts. Acquisition of property rights, which is hypothesized to induce mo re skewed request distributions, was ineffective, presumably because o f the relatively large group size, or lack of outcome feedback.