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Cursed beliefs with common-value public goods
Cox, Caleb - Volkswirtschaftliche Fakultät, … - 2014
, despite the absence of free-riding incentives. In a laboratory experiment, subjects indeed under-contribute relative to …
Persistent link: https://www.econbiz.de/10011109699
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Conditional Punishment
Kamei, Kenju - Volkswirtschaftliche Fakultät, … - 2014
We elicit human conditional punishment types by conducting experiments. We find that their punishment decisions to an individual are on average significantly positively proportional to other members’ punishment decisions to that individual.
Persistent link: https://www.econbiz.de/10011260305
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A Dynamic Model of Belief-Dependent Conformity to Social Norms
Sontuoso, Alessandro - Volkswirtschaftliche Fakultät, … - 2013
Human conduct is often guided by “conformist preferences”, which thrive on behavioral expectations within a society, with conformity being the act of changing one’s behavior to match the purported beliefs of others. Despite a growing research line considering preferences for a fair outcome...
Persistent link: https://www.econbiz.de/10011260827
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Interior Collective Optimum in a Volontary Contribution to a Public-Goods Game : An Experimental Approach
Hichri, Walid - Volkswirtschaftliche Fakultät, … - 2004
We run a public good experiment with four different treatments. The payoff function is chosen such that the Nash equilibrium (NE) and the collective optimum (CO) are both in the interior of the strategy space. We try to test the effect of varying the level of the collective optimum, which...
Persistent link: https://www.econbiz.de/10005789654
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Obedience to Rules with Mild Sanctions: The Roles of Peer Punishment and Voting
Chen, Josie I - Volkswirtschaftliche Fakultät, … - 2014
Governments sometimes promote rules backed by sanctions too weak to make obedience privately optimal. Factors that may help make such rules effective include the presence of informal sanctions by peers, and implementation through voting. I study the impact of non-deterrent formal sanctions on...
Persistent link: https://www.econbiz.de/10011107459
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Perfect-Substitutes, Best-Shot, and Weakest-Link Contests between Groups
Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2011
This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the prize, and two weak players, with lower valuations. In contests where individual efforts are perfect substitutes, all players expend significantly higher efforts than predicted...
Persistent link: https://www.econbiz.de/10011111607
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Peer punishment with third-party approval in a social dilemma game
Tan, Fangfang; Xiao, Erte - Volkswirtschaftliche Fakultät, … - 2011
This paper investigates how punishment promotes cooperation when the punishment enforcer is a third party independent … implicated parties are allowed to punish each other, both the cooperation rate and the earnings are lower when the enforcement of …
Persistent link: https://www.econbiz.de/10009402064
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Resource Allocation Contests: Experimental Evidence
Shupp, Robert; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013
Many resource allocation contests have the property that individuals undertake costly actions to appropriate a potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation contests which are isomorphic under risk-neutrality. The...
Persistent link: https://www.econbiz.de/10011259038
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Trading Participation Rights to the Red Hat Puzzle. Will Markets allocate the rights for performing decision tasks to the more abled players?
Choo, Lawrence C.Y - Volkswirtschaftliche Fakultät, … - 2014
This paper investigates the conventional wisdom that markets would naturally allocate the rights for performing decisional task to those players who might be best suited to perform the task. We embedded the decisional tasks in a stylised setting of a game, motivated by Littlewood(1953) Red Hat...
Persistent link: https://www.econbiz.de/10011108041
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A Note on Within-group Cooperation and Between-group Interaction in the Private Provision of Public Goods
Hattori, Keisuke - Volkswirtschaftliche Fakultät, … - 2011
formation of within-group cooperation is affected by different types and degrees of between-group interactions. We show that … when between-group interactions are of the same directions and weak (strong), within-group cooperation for providing public … the opposite directions or unidirectional, within-group cooperation will necessarily occur. In addition, endogenous …
Persistent link: https://www.econbiz.de/10009151606