Influence of human capital on the trial and error learning process in a common pool resource (CPR) game

This paper presents a study regarding the behavior of Pacific-Colombian fishers in a Common Pool Resource game. Results show that decision-making depends on human capital accumulation and the learning process. Specifically, through trial and error, those players with more human capital adjust their...

Full description

Bibliographic Details
Main Authors: Daniel Guerrero, Jordi Rosell, José Santiago Arroyo
Format: Article
Language:English
Published: Universidad Politécnica de Valencia 2021-12-01
Series:Economía Agraria y Recursos Naturales
Subjects:
Online Access:https://polipapers.upv.es/index.php/EARN/article/view/15762