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Hwang, Sung-Ha; Bowles, Samuel - 2008

embodying both reciprocity and altruism we show that unconditional altruism towards other members attenuates the punishment … contributions. Increases in altruism may also reduce the level of benefits from the public project net of contribution costs and … punishment costs. The negative effect of altruism on cooperation and material payoffs is greater the stronger is the reciprocity …

Persistent link: https://www.econbiz.de/10010287831

A core-equilibrium convergence in an economy with public goods

Allouch, Nizar - 2009

This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers display warm glow effects. We demonstrate that provided that each consumer becomes satiated to other consumers provision, it holds that, for a sufficiently large economy, the set...

Persistent link: https://www.econbiz.de/10010280750

Mandatory versus discretionary spending: The status quo effect

Bowen, T. Renee; Chen, Ying; Eraslan, Hülya - 2012

Do mandatory spending programs such as Medicare improve efficiency? We analyze a model with two parties allocating a fixed budget to a public good and private transfers each period over an infinite horizon. We compare two institutions that differ in whether public good spending is discretionary...

Persistent link: https://www.econbiz.de/10010397775

Mandatory Versus Discretionary Spending: The Status Quo Effect

Bowen, T. Renee; Chen, Ying; Eraslan, Hülya - 2012

Persistent link: https://www.econbiz.de/10010500227

When are preferences consistent? The effects of task familiarity and contextual cues on revealed and stated preferences

Schläpfer, Felix; Fischhoff, Baruch - 2010

Traditionally, economists make a sharp distinction between stated and revealed preferences, viewing the latter as more fully meeting the assumptions of economic analysis. Here, we consider one form of empirical evidence regarding this belief: the consistency of choices in stated and revealed...

Persistent link: https://www.econbiz.de/10010315548

Competitive politics, simplified heuristics, and preferences for public goods

Schläpfer, Felix; Schmitt, Marcel; Roschewitz, Anna - 2007

-survey experiment to investigate how knowledge of party positions affects policy choices. We followed standard procedures in developing … an attribute-based choice experiment on alternative land-use policies in Switzerland. In contrast to the usual …

Persistent link: https://www.econbiz.de/10010315585

An analysis of the Swiss vote on the use of genetically modified crops

Schläpfer, Felix - 2007

In November 2005, 55.7 percent of 2 million Swiss voters approved a 5-year moratorium (ban) on the commercial cultivation of genetically modified (GM) plants within Switzerland. The present study examines how individual voting decisions were determined by (i) socioeconomic characteristics, (ii)...

Persistent link: https://www.econbiz.de/10010315609

The provision point mechanism with reward money

Zubrickas, Robertas - 2013

We introduce reward money into the provision point mechanism with refunds. Reward money is distributed among the contributors in proportion to their contributions only when the provision point is not reached. In environments without aggregate uncertainty, the provision point is always reached in...

Persistent link: https://www.econbiz.de/10010316819

Bayesian Nash Equilibria with a Provision Point: An Experimental Test

Johnson, Lowell - 1997

This paper extends theory and experimentation in the context of two parties in a group who contribute to a public good with a provision point. This study analyzes the voluntary contributions game in which a public good is provided if and only if the sum of contributions meets or exceeds a...

Persistent link: https://www.econbiz.de/10010334331

Social image in public goods provision with real effort

Filiz-Ozbay, Emel; Ozbay, Erkut Y. - 2010

We study public goods game where the contribution efforts are observable. When the players are observed, they contribute more and free-riding diminishes significantly. On the other hand, presence of an audience does not affect the performance of players if there is no strategic aspect of the...

Persistent link: https://www.econbiz.de/10010273652