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A common premise in both the theoretical and policy literatures on development is that people remain poor because they are too impatient to save and too risk averse to take the sort of chances needed to accumulate wealth. The empirical literature, however, suggests that this assumption is far...
Persistent link: https://www.econbiz.de/10010274546
We design a real-time, intercultural common pool resource experiment using participants from cultures that derive different benefits from a global public good (extraction vs. conservation of biodiversity resources) to analyze the effect of group affiliation on cooperative behavior. We also...
Persistent link: https://www.econbiz.de/10009294404
Persistent link: https://www.econbiz.de/10010132174
Persistent link: https://www.econbiz.de/10008059650
Differences in group affiliation may affect the level of cooperation in global commons situations such as programs for the conservation of resources which generate benefits that transcend state boundaries. We design a real-time, cross-cultural common pool resource (CPR) experiment purposely...
Persistent link: https://www.econbiz.de/10005190061
Explanations of poverty, growth and development depend on the assumptions made about individual preferences and the willingness to engage in strategic behaviour. Economic experiments, especially those conducted in the field, have begun to paint a picture of economic agents in developing...
Persistent link: https://www.econbiz.de/10005644328
A common conjecture in both the theoretical and policy literatures on development is that people remain poor because they are too impatient and risk averse to accumulate the resources needed to improve their well-being. The empirical literature, however, suggests that this conjecture is far from...
Persistent link: https://www.econbiz.de/10010679307