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The effect of session size has largely been ignored in experimental studies, despite the possibility that it may play a role by changing people’s perception of the potential chance of encountering a certain type of people and by affecting the strength of the potential link between people. This...
Persistent link: https://www.econbiz.de/10010617491
A költségvetési kiadások szerkezetének radikális átrendezésével járó államháztartási reformot jelentős társadalmi és politikai ellenállás fogadta. Míg az érdekeikben sértett csoportok elégedetlenségében nincs semmi meglepő, paradox jelenség, hogy sokszor azok is...
Persistent link: https://www.econbiz.de/10010963326
The launch of a public project requires “enough” support from a group of n players. If players have only binary decision sets (participate or not, vote approvingly or not) this game is called a Binary Threshold Public Goods game (BTPG). In this paper we keep the individual cost/benefit...
Persistent link: https://www.econbiz.de/10011212928
Decisions about public goods in the real world are frequently made by trustees—individuals responsible for managing pools of contributed funds—rather than by the contributors themselves. We conduct a laboratory experiment to compare contributions made by trustees who play with other trustees...
Persistent link: https://www.econbiz.de/10011220542
Some policy problems pit the interests of one group against those of another group. One group may, for example, determine the provision of a project (such as a power plant or a dam) that benefits group members but has downstream externalities that hurt people outside the group. We introduce a...
Persistent link: https://www.econbiz.de/10011271636
Serizawa [3] characterized the set of strategy-proof, individually rational, no exploitative, and non-bossy social choice functions in economies with pure public goods. He left an open question whether non-bossiness is necessary for his characterization. We will prove that non-bossiness is...
Persistent link: https://www.econbiz.de/10005370813
We consider a set of agents who have to choose one alternative among a finite set of social alternatives. A final allocation is a pair given by the selected alternative and the group of its users. Agents have crowding preferences over allocations: between any pair of allocations with the same...
Persistent link: https://www.econbiz.de/10010547378
The equivalence of markets and games concerns the relationship between two sorts of structures that appear fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from markets with concave utility functions generate totally balanced games...
Persistent link: https://www.econbiz.de/10009328147
We develop a simple theory which formally describes how charities can resolve the information asymmetry problems faced by small donors by working with large donors to generate quality signals. To test the model, we conducted two large-scale natural field experiments. In the first experiment, a...
Persistent link: https://www.econbiz.de/10010556241
The provision of public goods often relies on voluntary contributions and cooperation. While most of the experimental literature focuses on individual contributions, many real-world problems involve the formation of institutions among subgroups (coalitions) of players. International agreements...
Persistent link: https://www.econbiz.de/10008634661