COMMON POOL RESOURCE DILEMMAS UNDER UNCERTAINTY - QUALITATIVE TESTS OF EQUILIBRIUM SOLUTIONS

The Common Pool Resource (CPR) dilemma game is a single-stage noncoope rative game in which n players share a CPR whose size, X, is a random variable with a commonly known probability distribution. We present th e equilibrium solutions for CPR games in which X has a uniform distrib ution, players have power utility functions with a common parameter, c , and requests are made simultaneously or sequentially. Two experiment s using groups of n = 5 players provide support for the major qualitat ive predictions of the model. (C) 1995 Academic Press, Inc.