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We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10013388842
are characterized by multifaceted social preferences, encompassing reciprocity, altruism, and inequality aversion …
Persistent link: https://www.econbiz.de/10012453519
crowd out a consumer's self-inference of altruism from buying a good bundled with a charitable donation. Alternative …
Persistent link: https://www.econbiz.de/10012457193
I consider the effect of caring, empathy, altruism or positive reciprocity towards others - which I collectively call … the public good converges to the efficient level. An increase in caring, empathy, altruism or positive reciprocity, an … efficiently is attributable to lack of empathy/altruism/positive reciprocity as well as to the free rider problem …
Persistent link: https://www.econbiz.de/10013191062
Optimal policy rules--including those regarding income taxation, commodity taxation, public goods, and externalities--are typically derived in models with homogeneous preferences. This article reconsiders many central results for the case in which preferences for commodities, public goods, and...
Persistent link: https://www.econbiz.de/10012464477
Achieving efficiency for many global environmental problems requires voluntary cooperation among sovereign countries due to the public good nature of pollution abatement. The theory of international environmental agreements (IEAs) in economics seeks to understand how cooperation among countries...
Persistent link: https://www.econbiz.de/10012458462
Why cooperation occurs when noncooperation appears to be individually rational has been an issue in economics for at least a half century. In the 1960's and 1970's the context was cooperation in the prisoner's dilemma game; in the 1980's concern shifted to voluntary provision of public goods; in...
Persistent link: https://www.econbiz.de/10012461641
Choosing what is morally right can be based on the consequences (ends) resulting from the decision - the Consequentialist view - or on the conformity of the means involved with some overarching notion of duty - the Deontological view. Using a series of experiments, we investigate the overall...
Persistent link: https://www.econbiz.de/10014468273
This paper compares two methods to encourage socially optimal provision of a public good. We compare the efficacy of vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the "hired gun" mechanism, to deter free riding and improve group welfare....
Persistent link: https://www.econbiz.de/10012461626
laboratory experiment to cleanly fix beliefs about the person's likelihood of being pivotal in reaching a donation threshold that …
Persistent link: https://www.econbiz.de/10014247963