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contribution rules related to efficiency, equality, and equity. In the experiment, in the absence of punishment no positive …
Persistent link: https://www.econbiz.de/10010603338
We study a fundamental conflict in economic decision-making, the trade-off between equality, equity and incentives, in a new experimental game that nests a voluntary contributions mechanism in a broader spectrum of incentive schemes. In a 2×2 design, we let subjects either vote on or...
Persistent link: https://www.econbiz.de/10011048594
The burgeoning literature on the use of sanctions to support the provision of public goods has largely neglected the … use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a …
Persistent link: https://www.econbiz.de/10010574271
experiment, we vary the mode of the increase (gradual versus quick). When the subsidy is raised to an intermediate level, we see …
Persistent link: https://www.econbiz.de/10011190190
the severity of sanctions, we also identify an educative effect of frequent and high sanctions on further cooperation. …
Persistent link: https://www.econbiz.de/10011190210
, 1982). To confirm his theoretical prediction, Carpenter developed an experiment showing that free riding actually grows … faster when agents have the information necessary to conform. The model and the experiment are, however, inherently different …
Persistent link: https://www.econbiz.de/10011051767
This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...
Persistent link: https://www.econbiz.de/10010357371
This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal sized groups compete for a prize that is shared equally among members of the winning group, regardless of their (costly) contributions to the group's success. We find that...
Persistent link: https://www.econbiz.de/10009740925
We test a mechanism whereby groups are formed voluntarily, through the use of voting. These groups play a public-goods game, where efficiency increases with group size (up to a limit, in one treatment). It is feasible to exclude group members, to exit one's group, or to form larger groups...
Persistent link: https://www.econbiz.de/10010776752
We compare the effects of and the motivations behind voluntary punishment and reward in a finitely repeated public goods game. Our experimental results show that (1) the level of cooperation is indistinguishable between the punishment and reward treatments when group membership does not change,...
Persistent link: https://www.econbiz.de/10010662463