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-like strategies, with deviations above and below the steady state leading to different responses. We extend the theory of differential …
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We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of …
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We analyze communication about the social returns to investment in a public good. We model two agents who have private information about these returns as well as their own taste for cooperation, or social preferences. Before deciding to contribute or not, each agent submits an unverifiable...
Persistent link: https://www.econbiz.de/10011801387
Contributions to public goods simulated in economists' laboratoryexperiments have two peculiarities from the perspective ofstatistical modelling. There is a variety of contributor behaviours(Ledyard, 1995), suggestive perhaps of separate classes ofindividuals, and contributions are doubly...
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This paper experimentally explores how the enforcement of cooperative behavior in a social dilemma is facilitated through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions, such as anger, which motivate individuals to punish free...
Persistent link: https://www.econbiz.de/10011346451
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
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