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Updating behavior in cascade experiments is usually investigated on the basis of urn prediction. But urn predictions alone can only provide a very rough information on individual updating behavior. Therefore, we implement a BDM mechanism. Subjects have to submit maximum prices that they are...
Persistent link: https://www.econbiz.de/10009613603
by the collective rule is essential for the degree of support by the participants. -- cooperation ; experiment ; public …
Persistent link: https://www.econbiz.de/10009627290
Similar to Levati and Neugebauer (2001), a clock is used by which participants can vary their individual contributions for voluntarily providing a public good. As time goes by, participants either in(de)crease their contribution gradually or keep it constant. Groups of two poorly and two richly...
Persistent link: https://www.econbiz.de/10009620765
We study whether selection affects motivation. In our experiment subjects first answer a personality questionnaire …
Persistent link: https://www.econbiz.de/10009625802