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voluntary provision of public goods. In our one-shot experiment, we find that coordination often fails and exogenously imposed … equilibrium into a coordination game with a set of Pareto-superior equilibria. Thresholds may therefore improve efficiency in the …, because voting may facilitate coordination due to signaling and commitment effects. We find that voting does have signaling …
Persistent link: https://www.econbiz.de/10013316272
We experimentally study decision-making in a novel dynamic coordination game. The game captures features of a … network has higher payoffs, but the transition is slow and costly. Coordination is required to implement the transition while … minimizing costs. In the experiment, the game is repeated five times, which enables groups to learn to coordinate over time. We …
Persistent link: https://www.econbiz.de/10013009866
private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The …
Persistent link: https://www.econbiz.de/10013049219
Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10013134512
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution by feet and then learn their productivity and invest. We vary the individuals' information about their productivities at the time when they choose a distribution rule and find...
Persistent link: https://www.econbiz.de/10013074399
punishment option and compare it to the behavior of individuals in a laboratory experiment. We also consider different team …
Persistent link: https://www.econbiz.de/10013075136
Using a laboratory experiment, we present first evidence that stigmatization through public exposure causally reduces … can exclude other explanations for the observed stigma effect. In the experiment, social stigmatization implies a …
Persistent link: https://www.econbiz.de/10012952402
increase the sum of individuals' payoffs if players are not all completely selfish. Our experiments aim to understand how …
Persistent link: https://www.econbiz.de/10012958449
We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two …
Persistent link: https://www.econbiz.de/10012763994
Persistent link: https://www.econbiz.de/10012977490