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Communication Among Harvesters Leads to Sustainable Fishing Behaviour in a Continuous Time Common Pool resource Experiment

Owusu, Kwabena A. and Kulesz, Micaela and Merico, Agostino (2021). Communication Among Harvesters Leads to Sustainable Fishing Behaviour in a Continuous Time Common Pool resource Experiment. Frontiers in marine science. 8 , 644056
[Research article]

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Abstract

The sustainable use of common pool resources (CPRs) such as fisheries constitutes a major challenge for society. A large body of empirical studies conducted in discrete time indicates that resource users are able to prevent the ‘tragedy of the commons' under institutional arrangements that can promote cooperation. However, the variability exhibited by the human behaviour and the dynamic nature of renewable resources require continuous time experiments to fully explain the mechanisms underpinning the sustainable use of resources. We conducted CPR experiments in continuous time to investigate how the extraction behaviour of resource users changes in real-time in response to changes in resource availability under communication and no communication. We find that when communication is allowed, users adjust their extraction efforts based on knowledge of previous resource availability. In contrast, when communication is not allowed, users do not incorporate resource availability into their utility function. These results suggest that communication does not merely provide a forum for coordination but mediates a causal relationship between resource levels and extraction behaviour. Our findings may help the development of effective resource management policies.

Authors/Creators:Owusu, Kwabena A. and Kulesz, Micaela and Merico, Agostino
Title:Communication Among Harvesters Leads to Sustainable Fishing Behaviour in a Continuous Time Common Pool resource Experiment
Series Name/Journal:Frontiers in marine science
Year of publishing :2021
Volume:8
Article number:644056
Number of Pages:7
ISSN:2296-7745
Language:English
Publication Type:Research article
Article category:Scientific peer reviewed
Version:Published version
Copyright:Creative Commons: Attribution 4.0
Full Text Status:Public
Subjects:(A) Swedish standard research categories 2011 > 5 Social Sciences > 502 Economics and Business > Economics
(A) Swedish standard research categories 2011 > 4 Agricultural Sciences > 405 Other Agricultural Sciences > Fish and Wildlife Management
Keywords:common pool resource, strategic behaviour, institutional arrangements, tragedy of the commons, fishery, sustainability
URN:NBN:urn:nbn:se:slu:epsilon-p-113072
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-p-113072
Additional ID:
Type of IDID
DOI10.3389/fmars.2021.644056
ID Code:25043
Faculty:NJ - Fakulteten för naturresurser och jordbruksvetenskap
Department:(NL, NJ) > Dept. of Economics
Deposited By: SLUpub Connector
Deposited On:26 Aug 2021 07:25
Metadata Last Modified:26 Aug 2021 07:31

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