Browsing Waterloo Research by Author "Farahbakhsh, Isaiah"
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Best response dynamics improve sustainability and equity outcomes in common-pool resources problems, compared to imitation dynamics
Farahbakhsh, Isaiah; Bauch, Chris T.; Anand, Madhur (Journal of Theoretical Biology, 2021-01-21)Shared resource extraction among profit-seeking individuals involves a tension between individual benefit and the collective well-being represented by the persistence of the resource. Many game theoretic models explore ...