Overexploitation of renewable resources: the role of misperceptions

Article Abstract:

The problem of overexploitation in renewable resources and sustainable economic development was evaluated through an experiment involving reindeer quotas and the depletion of lichen through overgrazing. Defective management regimes are blamed for overexploitation due to incorrect policies of bioeconomics. Analysis shows that inefficient heuristics and static mental models can account for the observed overexploitation.

Economics, Research and Development in the Social Sciences and Humanities, Research, Economic development, Sustainable development, Equilibrium (Economics)

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Differentiated product competition and the antitrust logit model: an experimental analysis

Article Abstract:

Experimental results on the viability of antitrust logit model to examine anticompetitive issues in horizontal merges in differentiated-product markets are presented.

United States, Analysis, Usage, Horizontal integration, Logits

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