Showing 1 - 10 of 335
We introduce intention-based social preferences into a Bayesian mechanism design framework. We first show that, under common knowledge of social preferences, any tension between material efficiency, incentive compatibility, and voluntary participation can be resolved. Hence, famous impossibility...
Persistent link: https://www.econbiz.de/10010316927
Social preferences such as altruism, reciprocity, intrinsic motivation and a desire to uphold ethical norms are essential to good government, often facilitating socially desirable allocations that would be unattainable by incentives that appeal solely to self-interest. But experimental and other...
Persistent link: https://www.econbiz.de/10010287796
Social preferences such as altruism, reciprocity, intrinsic motivation and a desire to uphold ethical norms are essential to good government, often facilitating socially desirable allocations that would be unattainable by incentives that appeal solely to self-interest. But experimental and other...
Persistent link: https://www.econbiz.de/10010287863
People's desire for fair transactions can play an important role in negotiations, organizations, and markets. In this paper, we show that markets can also shape what people consider to be a fair transaction. We propose a simple and generally-applicable model of path-dependent fairness...
Persistent link: https://www.econbiz.de/10010333105
We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously formed partnerships facing a social dilemma. Treatments vary in terms of the individual's (a) opportunity to commit to their partner, (b) the cost of dissolving committed...
Persistent link: https://www.econbiz.de/10011420551
We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously formed partnerships facing a social dilemma. Treatments vary in terms of the individual's (a) opportunity to commit to their partner, (b) the cost of dissolving committed...
Persistent link: https://www.econbiz.de/10011420562
We study a laboratory social dilemma game in which incentives to steal from others lead to the socially inefficient diversion of resources from production unless the members of a given mini-society can abide by norms of non-theft or engage in low cost collective protection of their members'...
Persistent link: https://www.econbiz.de/10011669324
Observing that people who wish to engage in prosocial behavior are often presented with more than one means to the same end, we develop a model in which agents may contribute to a single public good through a range of different activities. We use this model to make two points. First, noting that...
Persistent link: https://www.econbiz.de/10013208735
People can often contribute to prosocial causes by several means; for instance, environmentally friendly activities include sorting household waste, buying organic products, and donating to NGOs. Policy to encourage prosocial behavior is sometimes directed only towards a particular activity,...
Persistent link: https://www.econbiz.de/10013208738
Outcomes in social dilemmas often have a stochastic component. We report experimental findings from public good games with both correlated and independent risk across players. We find that the presence of both types of risk prevents the decay of cooperation typically observed in the standard...
Persistent link: https://www.econbiz.de/10013208783