Game Theory Tells Us How To Efficiently Use Institutions For Governing The Commons
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About The Author

Attila Szolnoki is a researcher at the Hungarian Academy of Sciences Center for Energy Research. His primary research interest lies in the evolution of cooperation and the role of population structures. His research was awarded by the Hungarian Academy of Science in 1998 and by the prestigious Bolyai Research Grant in 2004 and in 2009. He is the author of more than 80 papers in international refereed journals and his papers have collected over 2600 independent citations. He earned his Ph.D. in statistical physics from Eotvos University, Budapest in 1995.

                       

Game Theory Tells Us How To Efficiently Use Institutions For Governing The Commons

Cooperation is imperative when humans deal with the consequence of collective actions, such as global warming, overfishing, or preserving natural resources. However, the collapse of cooperation happens too often in these situations, which predicts several undesired scenarios. A well-known example is the danger of overfishing. Fishermen are motivated to catch the maximum amount of fish without driving the fish to extinction, which is the worst scenario for everyone, thus ensuring a sufficiently high level of cooperation and maintaining sustainable use...

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