Game-theoretic insights into the role of environmentalism and social-ecological relevance: A cognitive model of resource consumption

13808 10 71069 3 196987 document 71069 Game-theoretic insights into the role of environmentalism and social-ecological relevance.pdf application/pdf afacf79176acbfdba73983c40582546f MD5 1146672 2016-09-19 07:06:13 https://pure.iiasa.ac.at/id/eprint/13808/1/Game-theoretic%20insights%20into%20the%20role%20of%20environmentalism%20and%20social-ecological%20relevance.pdf 13808 1 1 application/pdf text en public cc_by_nc_nd

Game-theoretic insights into the role of environmentalism and social-ecological relevance.pdf

accepted 71075 2 197004 document 71075 lightbox.jpg image/png 58ffffbac7a590d9db7652b2c7f7581b MD5 35052 2016-09-19 07:16:32 https://pure.iiasa.ac.at/id/eprint/13808/2/lightbox.jpg 13808 2 2 image/png other Thumbnails conversion from text to thumbnail_lightbox en staffonly

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/71069 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/71069 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/71069 archive 353 disk0/00/01/38/08 2016-09-19 06:41:11 2021-08-27 17:27:43 2016-09-19 06:41:11 article show Manzoor T. Rovenskaya E. 8206 0000-0002-2761-3443 Muhammad A. Game-theoretic insights into the role of environmentalism and social-ecological relevance: A cognitive model of resource consumption pub prog_asa Resource consumption; Natural resource dynamics; Social-comparison processes; Tragedy of the commons; Cooperation; Heterogeneity The environmental and social attitudes of consumers can greatly affect the consumption of common-pool resources by the whole society – as demonstrated by many experimental and theoretical studies. Rooting in the current knowledge of consumer psychology, and employing the game-theoretic modelling framework, we formalise the decision making process of individuals about their resource consumption levels depending on their level of environmental concern, and relative importance placed on social and ecological information. Our model demonstrates, in a stylized fashion, how profound preference to social information can help avert free-riding behaviour and result in globally stable resource consumption dynamics. This avoids the “Tragedy of the Commons”, leading to affluence in the resource stock as well as in the individual consumption. Furthermore, we find that heterogeneity of the levels of individuals’ environmentalism promotes free-riding, whereas heterogeneity in relative information preferences helps avoiding tragedies. Our analysis demonstrates that accounting for heterogeneity of consumers and their social relationships can yield additional insights regarding to what kind of societies may have better chances to ensure sustainable consumption of a natural resource. 2016-11-24 published Elsevier doi:10.1016/j.ecolmodel.2016.09.007 260 public Ecological Modelling 340 74-85 TRUE 0304-3800 FALSE no info:eu-repo/semantics/article