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allocating the resource to providers. Three allocation mechanisms are investigated: “allocator,” “tremble,” and “egalitarian …
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Where such behaviors as risk-taking and hard work are not subject to complete contracts, some distributions of assets (for instance the widespread use of tenancy) may preclude efficient contractual arrangements. In particular, the distribution of wealth may affect: (a) residual claimancy over...
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decisions are taken by teams, not individuals. 10 Each team in our experiment comes from a different fishing boat at Lake …
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field experiment on local public good provision. Participants decide how much to contribute to an actual conservation … stronger when moral authority is made salient within the experiment, in line with the ethical nature of the decision under …
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