Common pool resource experinment paper(Economics Game Theory)

We want to write an essay about analysis of behavior in limited entry common pool resource based on our lab(Lab instruction and data are attached).

Our thesis is how do individuals’ decisions reflect their experience in past rounds or why do individuals deviate from N.E. in CPR experiments. So please analysis this in this paper by generate the absolute difference between individual effort and Nash equilibrium, and the individual payoff in the Stata

Some info that useful in the analysing data part:

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

44 participants, 11 group, each round randomly matched, 24round, 2 treatment

Group Revenue is:

a∑ei – b(∑ei )^2

Individual payoff function is:

cL (ej =0)

ej [a – b∑ei] + c(L – ej) (0 < ej ≤ 25)a = 23b = 0.25c = marginal cost in each treatment C1 = 5 (first 12 rounds) C2 = 11.75 (last 12 rounds)ej = individual effortL = 25 (max individual effort)N.E. = 14.4(first 12 rounds)N.E. = 9(last 12 rounds)The essay structure should be similar to the forth file attached. But the content should be you own!!!!!! The paper should has 15-20 pages. The reference in this paper can from google scholar. APA format. And more format please check the guidelines files. Must follow the guideline!

<h2 style="

"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!":

Get started