Nonlinear model reference adaptive control approach for governance of the commons in a feedback-evolving game
Fang Yan, Xiaorong Hou, Tingting Tian, Xiaojie Chen

TL;DR
This paper introduces a nonlinear model reference adaptive control method to manage uncertainties in the enforcement of policies for common-pool resource governance within feedback-evolving game models, enhancing sustainability strategies.
Contribution
It develops a novel adaptive control protocol to handle implementation uncertainties in resource management games, ensuring desired outcomes are achieved.
Findings
The proposed control law guarantees convergence to target outcomes under certain conditions.
Numerical examples validate the effectiveness of the adaptive control approach.
The method improves management of renewable resources with uncertain enforcement.
Abstract
The governance of common-pool resources has vital importance for sustainability. However, in the realistic management systems of common-pool resources, the institutions do not necessarily execute the management policies completely, which will induce that the real implementation intensity is uncertain. In this paper, we consider a feedback-evolving game model with the inspection for investigating the management of renewable resource and assume that there exists the implementation uncertainty of inspection. Furthermore, we use the nonlinear model reference adaptive control approach to handle this uncertainty. We accordingly design a protocol, which is an update law of adjusting the institutional inspection intensity. We obtain a sufficient condition under which the update law can drive the actual system to reach the expected outcome. In addition, we provide several numerical examples,…
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Taxonomy
TopicsGame Theory and Applications · Experimental Behavioral Economics Studies · Economic theories and models
