Course: Understanding Human Behaviour: Introduction to Game Theory and Shared Resources

When we want to know if a given situation is socially rational or socially optimal we need to look at the problem from the outside and decide what our goal …

The game played by Anna and Ben has a specific structure – in game theory games with such a structure are called a Prisoner’s Dilemma. This is an additional video, …

This week we will concentrate on some social control mechanisms that help deal with challenges related to the use of shared goods. We will talk about it with the help …

In this step we will briefly describe what game theory is, what are its basic features and what it is used for. The fact is we’ve been already using a …

The results of negative externalities can be pretty grim. For example, in 2006 a marine researcher Boris Worm, along with a team of scientists and economists, concluded that the ocean …

When fishermen catch too many fish, the fish stock becomes depleted and there are no more fish to catch. This is bad for fishermen who lose their jobs, but it …

In this step we will examine what types of situations can be analysed with the help of multi-player game charts like the ones depicted in the previous steps. The concept …

Why is it important to care about biodiversity? How is the population in undisturbed ecosystems regulated? How does human activity influence population dynamics? Gregor Hagedorn from the Museum of Natural …

In this article we will examine the “two roads” story from the previous exercises in more detail and see what would happen if some of the conditions changed. This way …

In this course you were introduced to the principles of socio-ecological models. By now you realise that the models you experimented with were super simple in many respects: the fisherman …

For the next step we interviewed Gregor Hagedorn from the Museum of Natural History in Berlin and asked him some questions related to the population dynamics and human activity. Among …

In this article we will explore further how multi-person situations with either-or choices can be represented on a chart and we will use the charts in order to find out …

In this video we’ll continue trying to find out what will happen if everybody follows their best choices and we’ll introduce the concept of equilibrium.

When we use resources that do not have a natural capacity for regrowth, there is a general understanding that one day we will run out of them and we will …

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 …