Lecture 15 - November 24, 2009 |
Essential |
Background |
Outline
- two scenarios for resource management decisions
- common pool
- decisions under uncertainty
- tragedy of the commons
- game theory square
- uncertainty - precautionary principle
Using viewers and Multiple Perspectives
Life lessons that our grandmas taught us:
Make hay while the sun shines.
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Resource management and Environmental Decisions
- simple case of common pool resource
- characteristic of CPR
- complex because of interactions with other uses
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games chapter |
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Tragedy of the Commons
- set up
- systems diagram to pasture (draw on board)
- grass growth - seasonal pulse
- grazing pressure and damage
- similar to max sustainable yield model (but below maximum)
- individual vs. community benefits
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environmnental
stewardship
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Game theory square
- your potential actions , opponents potential actions and outcomes for each combination
- simple example
- CPR
- set up
- possible outcomes
- control of one-shot actions is difficult
- iterative
- ESS
- institutions and community policies
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Games against nature
- assess your potential actions against uncertain natural events
- uncertainty vs. probabalistic risk
- precautionary principle (interpreted as game)
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