Showing 1 - 10 of 12
We present experimental evidence for decision settings where public good providers compete for endogenous donations offered by outside donors. Donors receive benefits from public good provision but cannot provide the good themselves. The performance of three competition mechanisms is examined in...
Persistent link: https://www.econbiz.de/10012650205
This study presents experimental evidence on the effectiveness of alternative institutional arrangements designed to allow providers of public good services to be subsidized by non-providers. The decision setting is a repeated linear public good game with two groups, insiders and outsiders....
Persistent link: https://www.econbiz.de/10012237201
We report novel results from changes in the marginal per capita return (MPCR) in a one-shot public good game where participants make a single provision decision. Data was collected using three "data collection processes": an online experiment conducted on Prolific, an online experiment conducted...
Persistent link: https://www.econbiz.de/10014299587
A pervasive feature in the finance industry is relative performance, which can include extrinsic (money), intrinsic (self-image), and reputational (status) motives. In this paper, we model a portfolio decision with two assets and investigate how reputational motives (i.e., the public...
Persistent link: https://www.econbiz.de/10012008982
Two aspects of social context are central to the finance industry: (i) financial professionals make investment decisions for customers and (ii) social competition/rankings are a pervasive feature. We link both lines of literature to investigate professionals' risk-taking behavior when investing...
Persistent link: https://www.econbiz.de/10011847498
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a dynamic elimination contest. Theory predicts that the absolute level of investment costs has no effect on the competition intensity in homogeneous interactions. Relative cost...
Persistent link: https://www.econbiz.de/10010194825
We investigate how heterogeneity in contestants' investment costs affects competition expenditures in a dynamic elimination contest with different seeding variants of contestants. Theory predicts that expenditures in dynamic contests are lower when competitors are heterogeneous than when they...
Persistent link: https://www.econbiz.de/10014261161
Persistent link: https://www.econbiz.de/10003465123
Persistent link: https://www.econbiz.de/10008799082
We show in a public goods experiment on three continents that conditional cooperation is a universal behavioral regularity. Yet, the number of conditional cooperators and the extent of conditional cooperation are much higher in the U.S.A. than anywhere else. -- conditional cooperation ; public...
Persistent link: https://www.econbiz.de/10009729297