Showing 1 - 10 of 447
We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...
Persistent link: https://www.econbiz.de/10013315835
How do voters allocate costly attention to alternative political issues? And how does selective ignorance of voters interact with policy design by politicians? We address these questions by developing a model of electoral competition with rationally inattentive voters. Rational inattention...
Persistent link: https://www.econbiz.de/10012993102
Introducing a threshold in the sense of a minimal project size transforms a public goods game with an inefficient equilibrium into a coordination game with a set of Pareto-superior equilibria. Thresholds may therefore improve efficiency in the voluntary provision of public goods. In our one-shot...
Persistent link: https://www.econbiz.de/10013316272
We develop a model that relates self-control and conflict identification to cooperation patterns in social dilemmas. As … of cooperation. This means that there is evidence for an impulse to be selfish and that cooperative behavior requires …
Persistent link: https://www.econbiz.de/10013315800
-extraction and cooperation shocks trigger short-run adjustments in the agents' behaviour. However, shocks do not have permanent … effects. This explains the long-run resilience of cooperation to rent extraction. We also show that cooperative attitudes and …
Persistent link: https://www.econbiz.de/10012927572
This paper reports results from a classroom dictator game comparing the effects of three different sets of standard instructions. The results show that seemingly small differences in instructions induce fundamentally different perceptions regarding entitlement. Behavior is affected accordingly,...
Persistent link: https://www.econbiz.de/10012915458
We experimentally study decision-making in a novel dynamic coordination game. The game captures features of a transition between externality networks. Groups consisting of three subjects start in a stable benchmark equilibrium with network externality. Over seven rounds, they can transit to an...
Persistent link: https://www.econbiz.de/10013009866
Experimental and behavioral economics are well established branches in the economic science. This essay presents and discusses some results and behavioral regularities from these fields which are of potential importance for public policy. After a brief introduction of what experimental and...
Persistent link: https://www.econbiz.de/10013149003
We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation … change if a subject can be punished and 2) how does conditional cooperation change if a subject has the power to punish … cooperation. We find that the possibility of being punished increases the strength of conditional cooperation. At the same time …
Persistent link: https://www.econbiz.de/10012912687
assumption that the salience of the advantages of mutual cooperation plays a decisive role. This hypothesis is successfully …
Persistent link: https://www.econbiz.de/10012918053