Cooperating with the future
Hauser, OP; Rand, DG; Peysakhovich, A; et al.Nowak, MA
Date: 25 June 2014
Article
Journal
Nature
Publisher
Nature Publishing Group
Publisher DOI
Abstract
Overexploitation of renewable resources today has a high cost on the welfare of future generations1,2,3,4,5. Unlike in other public goods games6,7,8,9, however, future generations cannot reciprocate actions made today. What mechanisms can maintain cooperation with the future? To answer this question, we devise a new experimental paradigm, ...
Overexploitation of renewable resources today has a high cost on the welfare of future generations1,2,3,4,5. Unlike in other public goods games6,7,8,9, however, future generations cannot reciprocate actions made today. What mechanisms can maintain cooperation with the future? To answer this question, we devise a new experimental paradigm, the ‘Intergenerational Goods Game’. A line-up of successive groups (generations) can each either extract a resource to exhaustion or leave something for the next group. Exhausting the resource maximizes the payoff for the present generation, but leaves all future generations empty-handed. Here we show that the resource is almost always destroyed if extraction decisions are made individually. This failure to cooperate with the future is driven primarily by a minority of individuals who extract far more than what is sustainable. In contrast, when extractions are democratically decided by vote, the resource is consistently sustained. Voting10,11,12,13,14,15 is effective for two reasons. First, it allows a majority of cooperators to restrain defectors. Second, it reassures conditional cooperators16 that their efforts are not futile. Voting, however, only promotes sustainability if it is binding for all involved. Our results have implications for policy interventions designed to sustain intergenerational public goods.
Economics
Faculty of Environment, Science and Economy
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