Dv. Budescu et al., COMMON POOL RESOURCE DILEMMAS UNDER UNCERTAINTY - QUALITATIVE TESTS OF EQUILIBRIUM SOLUTIONS, Games and economic behavior, 10(1), 1995, pp. 171-201
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.