... approach would have failed. * The authors acknowledge with gratitude funding support from the Institute for New Economic Thinking. © 2017 R. McKitrick and J. Lee 2017 R. McKitrick and J. Lee Licensed re-use rights only Bankruptcy Common-pool resource Coordination Experiment Risk...

...-use rights only Bankruptcy Common-pool resource Coordination Experiment Risk aversion Self-insurance Rationing rules Water management Q28 C92 Q25 Wireless technology is proliferating rapidly, and the vision of pervasive wireless computing and communications offers...

... common resource and a costly but safe resource. The experiment is based on a common pool resource request game with uncertain resource size where subjects can also have access to an alternative resource (as in Walker and Gardner (1992) and Keser and Gardner (1999)). The decision task is to post a demand...

... Scientists (B), No. 23730184. © 2013 T. Fujii and R. Ishikawa 2013 T. Fujii and R. Ishikawa Licensed re-use rights only Bankruptcy Common-pool resource Coordination Experiment Risk aversion Self-insurance Rationing rules Water management The value of the prospect of future...