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We conduct an experiment to investigate (i) whether rotation in voting increases a committee's efficiency, and (ii) the extent to which rotation critically influences collective and individual welfare. The experiment is based on the idea that voters have to trade-off individual versus common...
Persistent link: https://www.econbiz.de/10014058994
This paper reports laboratory experiments investigating behavior when players may make inferences about the intentions behind others' prior actions based on higher- or lower-accuracy information about those actions. We investigate a trust game with first mover trembling, a game in which nature...
Persistent link: https://www.econbiz.de/10014058908
The paper presents an example of the blurring of the boundaries and stakeholders in the knowledge commons. The authors describe a digital library that they built as a teaching facility, independently of the university's library. At center stage is EconPort, an open access digital library for...
Persistent link: https://www.econbiz.de/10014058930