This paper provides a survey on the literature using dynamic games to analyse the decision-making processes of common pool resources (CPRs) users. The purpose of this paper is to shed some light on the application of dynamic games in laboratory experiments. In this way, we focus on articles presenting both a theoretical model with laboratory experiments, by making a distinction between discrete time and continuous time. Therefore, we put a particular attention to subjects’ classication according to their observed behavior, the dierent channels by which cooperation can occur and the econometric tools used to analyse experimental data.
A survey on dynamic common pool resources : theory and experiment
24 November 2020