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Economic Behavior in the Face of Resource Variability and Uncertainty Ecology and Society
McAllister, Ryan R J; CSIRO Ecosystem Sciences; ryan.mcallister@csiro.au; Tisdell, John G; University of Tasmania; John.Tisdell@utas.edu.au; Reeson, Andrew F; CSIRO Ecosystem Sciences; andrew.reeson@csiro.au; Gordon, Iain J; CSIRO Ecosystem Sciences; The James Hutton Institute (Current Address); iain.gordon@csiro.au.
Policy design is largely informed by the traditional economic viewpoint that humans behave rationally in the pursuit of their own economic welfare, with little consideration of other regarding behavior or reciprocal altruism. New paradigms of economic behavior theory are emerging that build an empirical basis for understanding how humans respond to specific contexts. Our interest is in the role of human relationships in managing natural resources (forage and livestock) in semiarid systems, where spatial and temporal variability and uncertainty in resource availability are fundamental system drivers. In this paper we present the results of an economic experiment designed to explore how reciprocity interacts with variability and uncertainty. This behavior...
Tipo: Peer-Reviewed Reports Palavras-chave: Agistment; Experimental economics; Grazing; Investment game; Livestock mobility; Nomadism; Reciprocity; Trust game.
Ano: 2011
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