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

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...

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Bibliographic Details
Main Authors: Daniel Guerrero, Jordi Rosell, José Santiago Arroyo
Format: Article
Language:English
Published: Universitat Politècnica de València 2021-12-01
Series:Economía Agraria y Recursos Naturales
Subjects:
colombian pacific coast
common-pool resources
non-cooperative games
trial and error learning process
Online Access:https://polipapers.upv.es/index.php/EARN/article/view/15762

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