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What happens to common resources over time?

In this video Katarzyna Abramczuk explains what happens to common resources over time.

This week introduces the problem of resource dynamics. We’ll be investigating what happens when a community uses a renewable good (e.g. fish stock) and paying a closer attention to what happens in time. We’ll be using a simple simulation to study what happens and what factors influence the process.

In this video Katarzyna Abramczuk explains what happens to common resources over time.

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Understanding Human Behaviour: Introduction to Game Theory and Shared Resources

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