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dampens cooperation, though only slightly. Surprisingly, externalities are immaterial. If we control for beliefs, they even … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …
Persistent link: https://www.econbiz.de/10008822475
participants more pessimistic. However conditional on their beliefs participants are more, not less cooperative if cooperation … Game ; Beliefs …
Persistent link: https://www.econbiz.de/10009490177
Providing public goods is hard, because providers are best off free-riding. Is it even harder if one group's public good is a public bad for another group or, conversely, gives the latter a windfall profit? We experimentally study public goods provision embedded in a social context and find that...
Persistent link: https://www.econbiz.de/10003877140
In a full-information, zero transactions costs world, the degree of protection afforded to an entitlement does not affect the likelihood of efficient trade. In reality, imperfect information is often inevitable. Specifically, a party will usually have incomplete information about fairness norms...
Persistent link: https://www.econbiz.de/10011673948
In a full-information, zero transactions costs world, the degree of protection afforded to an entitlement does not affect the likelihood of efficient trade. In reality, imperfect information is often inevitable. Specifically, a party will usually have incomplete information about fairness norms...
Persistent link: https://www.econbiz.de/10011633871