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Growing groups, cooperation, and the rate of entry

Ranehill, Eva; Schneider, Frédéric; Weber, Roberto A. - 2014

We study the stability of voluntary cooperation in response to varying rates at which a group grows. Using a laboratory public-good game with voluntary contributions and economies of scale, we construct a situation in which expanding a group's size yields potential efficiency gains, but only if...

Persistent link: https://www.econbiz.de/10010260008

The logic of collective action revisited

Weimann, Joachim; Brosig-Koch, Jeannette; Heinrich, Timo; … - 2018

Since Mancur Olson's "Logic of collective action" it is common conviction in social sciences that in large groups the prospects of a successful organization of collective actions are rather bad. Following Olson's logic, the impact of an individual's costly contribution becomes smaller if the...

Persistent link: https://www.econbiz.de/10011814845

Pricing group membership

Bandyopadhyay, Siddhartha; Cabrales, Antonio - 2020

We consider a model where agents differ in their ‘types’ which determines their voluntary contribution towards a public good. We analyze what the equilibrium composition of groups are under centralized and centralized choice. We show that there exists a top-down sorting equilibrium i.e. an...

Persistent link: https://www.econbiz.de/10012263382

The Herodotus Paradox

Baye, Michael R.; Kovenock, Daniel J.; Vries, Casper G. de - 2010

The Babylonian bridal auction, described by Herodotus, is regarded as one of the earliest uses of an auction in history. Yet, to our knowledge, the literature lacks a formal equilibrium analysis of this auction. We provide such an analysis for the two-player case with complete and incomplete...

Persistent link: https://www.econbiz.de/10003994504

Endogenous public information and welfare

Vives, Xavier - 2011

This paper performs a welfare analysis of economies with private information when public information is endogenously generated and agents can condition on noisy public statistics in the rational expectations tradition. We find that equilibrium is not (restricted) efficient even when feasible...

Persistent link: https://www.econbiz.de/10009153832

Matching as a cure for underprovision of voluntary public good supply : analysis and an example

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk T. G. - 2011

Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good economy and to cure the underprovision problem associated with private provision of public goods. The desired Pareto optimal interior matching equilibrium, however, emerges only...

Persistent link: https://www.econbiz.de/10009011305

Individual and developmental differences in the relationship of preferences and theory of mind

Leipold, Kristina; Vetter, Nora C.; Dittrich, Marcus; … - 2012

Theory of mind and individual preferences are important determinants in social decision making. The current study … examined in a large sample whether being a cooperative preference type is related with better theory of mind skills …. Furthermore, by testing adolescents and adults, we examined the impact of age on this relation. Theory of mind is measured in a …

Persistent link: https://www.econbiz.de/10009689352

Why not in your backyard? : on the location and size of a public facility

Bellettini, Giorgio (contributor); Kempf, Hubert (contributor) - 2008

Persistent link: https://www.econbiz.de/10003662234

On the sensitivity of collective action to uncertainty about climate tipping points

Barrett, Scott; Dannenberg, Astrid - 2014

threshold is uncertain. Theory suggests that behavior should differ dramatically either side of a dividing line for threshold …

Persistent link: https://www.econbiz.de/10010249688

Optimal revelation of life-changing information

Schweizer, Nikolaus; Szech, Nora - 2016

Information about the future may be instrumentally useful, yet scary. For example, many patients shy away from precise genetic tests about their dispositions for severe diseases. They are afraid that a bad test result could render them desperate due to anticipatory feelings. We show that...

Persistent link: https://www.econbiz.de/10011485208

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