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We investigate the impact of various audit schemes on the future provision of public goods, when contributing less than the average of the group is sanctioned exogenously and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
Persistent link: https://www.econbiz.de/10010739419
-effort experiment in which individuals had to decide when to exit the situation: a continuous reinforcement schedule (all periods paid …
Persistent link: https://www.econbiz.de/10008611511