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We use a laboratory experiment to identify the impact of risk in the private and public dimensions of social investments. In variants of a public good game, we separate the return a subject’s investment generates for herself vs. the return to others. We find a detrimental effect of risk on...
Persistent link: https://www.econbiz.de/10012892130
We report experimental evidence on the voluntary provision of public goods under threshold uncertainty. By explicitly comparing two prominent technologies, summation and weakest link, we show that uncertainty is particularly detrimental to threshold attainment under weakest link, where low...
Persistent link: https://www.econbiz.de/10013311716
arguments may be perceived as being used for different reasons, for example, out of fairness considerations or in order to … facilitate negotiations. Consistent with experimental and behavioral studies on fairness perceptions, we find that individuals …
Persistent link: https://www.econbiz.de/10012463718