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projects have demonstrated that the mechanism is efficiency enhancing. Our experiment tests whether the mechanism remains …
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In the two-person sequential best shot game, first player 1 contributes to a public good and then player 2 is informed about this choice before contributing. The payoff from the public good is the same for both players and depends only on the maximal contribution. Efficient voluntary cooperation...
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. We present a laboratory experiment that studies how residual risk of failure affects willingness to contribute to climate …
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Previous research indicates that risky and uncertain marginal returns from the public good significantly lower contributions. This paper presents experimental results illustrating that the effects of risk and uncertainty depend on the employed parameterization. Specifically, if the value of the...
Persistent link: https://www.econbiz.de/10003887174
public goods with positive externalities. -- Public good ; experiment ; groups ; Spillover Game ; social dilemma …
Persistent link: https://www.econbiz.de/10003952498
mechanisms. We confirm the robustness of this result in the presence of income heterogeneity. -- Public goods experiment ; Cheap …
Persistent link: https://www.econbiz.de/10008779942