Table 3.
The effect of increasing each parameter on the level of individual investment (; see Eq. 4) and collective investment (; see Eq. 3). The comparison is made keeping all other terms constant
Parameter | Individual investment () | Collective investment () |
---|---|---|
Benefit (b) | ↑ | ↑ |
Cost (c) | ↓ | ↓ |
Frequency () | ↑ | N/A† |
Average contributor frequency () | ↓ | ↑ |
Number of contributors (n) | ↑ | ↓ |
This term does not directly appear within the expression for coESS of collective investment (Eq. 3).