Open AccessContrasting effects of information sharing on common-pool resource extraction behavior: Experimental findings
Author(s) -
Dimitri Dubois,
Stefano Farolfi,
Phu Nguyen-Van,
Juliette Rouchier
Publication year - 2020
Publication title -
plos one
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.99
H-Index - 332
ISSN - 1932-6203
DOI - 10.1371/journal.pone.0240212
Subject(s) - mechanism (biology) , resource (disambiguation) , computer science , agency (philosophy) , information sharing , common pool resource , business , microeconomics , world wide web , economics , computer network , philosophy , epistemology
This paper experimentally investigates the impact of different information sharing mechanisms in a common-pool resource game, with a view to finding a mechanism that is both efficient and inexpensive for the managing agency. More precisely, we compare the observed extraction levels produced as a result of three mechanisms: a mandatory information sharing mechanism and two voluntary information sharing mechanisms that differ in the degree of freedom given to the players. Our main result is that a voluntary information sharing mechanism could help in reaching a lower average extraction level than that observed with the mandatory mechanism.