Fischbacher, Urs; GŸth, Werner; Levati, M. Vittoria - Thurgauer Wirtschaftsinstitut an der Universität Konstanz - 2011
Participants in a public goods experiment receive private or common signals regarding the so-called 'point of no return', meaning that if the groupÕs total contribution falls below this point, all payoffs are reduced. An individual faces the usual conflict between private and collective...