Not only the tragedy of the commons: misperceptions of feedback and policies for sustainable development Export

@article{citeulike:3919012, abstract = {The article summarizes key insights from four laboratory experiments to study renewable resource management. The commons problem, which is widely held to be the cause of mismanagement of common renewable resources, was ruled out by the design of the experiments. Still the participants overinvested and overutilized their resources. The explanation offered is systematic misperceptions of stocks and flows and of nonlinearities. The heuristics that people apply are intendedly rational for static, flow resources, but not for dynamic, stock resources. Simplifying and reframing the management problem, by focusing on net growth rates, is suggested as a means to foster the use of more appropriate heuristics. Copyright {\copyright} 2000 John Wiley \& Sons, Ltd.}, address = {SNF, Breiviksveien 40, 5045 Bergen, Norway.}, author = {Moxnes, Erling}, citeulike-article-id = {3919012}, citeulike-linkout-0 = {http://dx.doi.org/10.1002/sdr.201}, citeulike-linkout-1 = {http://www3.interscience.wiley.com/cgi-bin/abstract/76510013/ABSTRACT}, comment = {A paper for a bioeconomics / renewable resource management field, that has come across the subject of complex decision making when investigating why solving the "tragedy of the commons" problem doesn't always make things right. Two experiments are presented, one in fishing, one in reindeer herding that mirror the results from similar complex decision-making studies with much the same conclusions. }, doi = {10.1002/sdr.201}, journal = {System Dynamics Review}, keywords = {cognition, complex\_decision\_making, feedback, feedback\_delay}, number = {4}, pages = {325--348}, posted-at = {2009-01-21 06:58:21}, priority = {2}, title = {Not only the tragedy of the commons: misperceptions of feedback and policies for sustainable development}, url = {http://dx.doi.org/10.1002/sdr.201}, volume = {16}, year = {2000} }

TY - JOUR ID - citeulike:3919012 L3 - citeulike-article-id:3919012 N2 - The article summarizes key insights from four laboratory experiments to study renewable resource management. The commons problem, which is widely held to be the cause of mismanagement of common renewable resources, was ruled out by the design of the experiments. Still the participants overinvested and overutilized their resources. The explanation offered is systematic misperceptions of stocks and flows and of nonlinearities. The heuristics that people apply are intendedly rational for static, flow resources, but not for dynamic, stock resources. Simplifying and reframing the management problem, by focusing on net growth rates, is suggested as a means to foster the use of more appropriate heuristics. Copyright © 2000 John Wiley & Sons, Ltd. IS - 4 JF - System Dynamics Review AD - SNF, Breiviksveien 40, 5045 Bergen, Norway. EP - 348 TI - Not only the tragedy of the commons: misperceptions of feedback and policies for sustainable development VL - 16 SP - 325 KW - cognition KW - complex_decision_making KW - feedback KW - feedback_delay N1 - A paper for a bioeconomics / renewable resource management field, that has come across the subject of complex decision making when investigating why solving the "tragedy of the commons" problem doesn't always make things right. Two experiments are presented, one in fishing, one in reindeer herding that mirror the results from similar complex decision-making studies with much the same conclusions. AU - Moxnes, Erling PY - 2000/// UR - http://dx.doi.org/10.1002/sdr.201 ER -