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examine the effect of imperfect information on contributions levels. To assess prior risk attitudes, individual valuations of … clear evidence of risk aversion, and of a negative relationship between the latter and willingness to cooperate. …
Persistent link: https://www.econbiz.de/10005866650
contributions. This paper presentsexperimental results illustrating that the effects of risk and uncertainty dependon the employed … efficiency gains,the presence of risk and uncertainty about the public good’s value is not detrimentalto cooperation. This …
Persistent link: https://www.econbiz.de/10005866390