APEC 3611w: Environmental and Natural Resource Economics
  • Course Site
  • Canvas
  1. Assignments
  2. Weekly Questions 04
  • Home
  • Syllabus
  • Assignments
    • Assigment 01
    • Assigment 02
    • Weekly Questions 01
    • Weekly Questions 02
    • Weekly Questions 03
    • Weekly Questions 04
  • Midterm Exam
  • Final Exam
  • 1. Global Context
    • 1. Introduction
    • 2. The Doughnut
  • 2. Micro Foundations
    • 3. The Microfilling
    • 4. Supply and Demand
    • 5. Surplus and Welfare in Equilibrium
    • 6. Optimal Pollution
  • 3. Market Failure
    • 7. Market Failure
    • 8. Externalities
    • 9. Commons
  • 4. Macro Goals
    • 10. The Whole Economy
    • 11. GDP
    • 12. Kuznets Curve
    • 13. Inclusive Wealth
    • 14. Development
  • 5. Climate Change
    • 15. Climate Change
    • 16. Social Cost of Carbon
    • 17. Climate IAMs
    • 18. Air Pollution
    • 19. Water Pollution
  • 6. Natural Resources
    • 20. Non-renewables
    • 21. Will we run out?
    • 22. Fisheries
    • 23. Forestry
    • 24. Land as a resource
    • 25. Land-use change
  • 7. Natural Capital
    • 26. Ecosystem Services
    • 27. Valuing Nature
    • 28. Biodiversity
    • 29. GIS and Carbon
    • 30. Sediment Retention
    • 31. Ecosystem Tradeoffs
  • 8. Future Scenarios
    • 32. Uncertainty
    • 33. Possible Futures
    • 34. Positive Visions
  • 9. Policy Options
    • 35. Policy Analysis
    • 36. Market Policies
    • 37. Real World Policies
  • 10. Earth Economy Modeling
    • 38. Earth Economy Models
    • 39. Gridded Models
    • 40. EE in Practice
  • 11. Conclusion
    • 41. What Next?
  • Games and Apps

On this page

  • Weekly Questions 04

Weekly Questions 04

Question 1: What is the tragedy of the commons? What are some potential solutions to prevent it from happening?

Question 2: Play the game Games on This Page.

  1. Report your best score for the Prisoners’ Dilemma game with the “Tit-for-tat” bot behavior (copy paste the screenshot into a word doc). What strategy did you use to achieve this score?

  2. Report your best score for the Prisoners’ Dilemma game with the “Nash Equilibrium” bot behavior (copy paste the screenshot into a word doc). What strategy did you use to achieve this score?

  3. Report your best score for the Prisoners’ Dilemma game with the “Random (hidden)” bot behavior (copy paste the screenshot into a word doc). What strategy did you use to achieve this score? What is different when you don’t know the strategy of the player before the game starts?