Grazing Games: Sharing Common Property Resources with Complex Dynamics
Resource Link
Publication Year
1969
Body
The gaming theory is used to model outcomes of grassland use for grazing by cooperative farmers and non-cooperating farmers. Models account for grassland dynamics and assume each farmer maximizes profits and use open loop strategies. The two systems analyzed included one in which growth rate depends on amount of grass available (negative feedback) and other in which growth rate remains constant, with no effect dampening grazing pressure.
Language
en
Collection
Keywords
Common property
grasslands
Common pool resources
complex ecosystem dynamics
differential games
multiple equilibria
Citations and enhanced abstracts for journals articles and documents focused on rangeland ecology and management. RSIS is a collaboration between Montana State University, University of Idaho, and University of Wyoming.