A Behavioral Perspective on the Governance of Common Resources

Document
Description

During the last 40 years evidence from systematic case study analysis and behavioral experiments have provided a comprehensive perspective on how communities can manage common resources in a sustainable way. The conventional theory based on selfish rational actors cannot explain

During the last 40 years evidence from systematic case study analysis and behavioral experiments have provided a comprehensive perspective on how communities can manage common resources in a sustainable way. The conventional theory based on selfish rational actors cannot explain empirical observations. A more comprehensive theoretical framework of human behavior is emerging that include concepts such as trust, conditional cooperation, other-regarding preferences, social norms, and reputation. The new behavioral perspective also demonstrates that behavioral responses depend on social and biophysical context.