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In this paper we show that a simple model of fairness preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation is...
Persistent link: https://www.econbiz.de/10014460996
one-shot behavioural experiment in Papua New Guinea fit exactly this pattern. They thus indicate neither an evolutionary …
Persistent link: https://www.econbiz.de/10013465492
Persistent link: https://www.econbiz.de/10013423583
Persistent link: https://www.econbiz.de/10003804156
reduce the current and the future yield for both others and themselves. Accordingly, economic theory predicts that more … fishermen who exhibit a higher propensity for cooperation in a laboratory public goods experiment, and those who show more … patience in a laboratory time preference experiment, exploit the fishing grounds less in their daily lives. Moreover, because …
Persistent link: https://www.econbiz.de/10003747646
We study the importance of conditional cooperation in a one-shot public goods game by using a variant of the strategy-method. We find that a third of the subjects can be classified as free riders, whereas 50 percent are conditional cooperators
Persistent link: https://www.econbiz.de/10014171100
In this paper we show that a simple model of reciprocal preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation...
Persistent link: https://www.econbiz.de/10013321275
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation is...
Persistent link: https://www.econbiz.de/10011398786
There is strong evidence that people exploit their bargaining power in competitive markets but not in bilateral bargaining situations. There is also strong evidence that people exploit free-riding opportunities in voluntary cooperation games. Yet, when they are given the opportunity to punish...
Persistent link: https://www.econbiz.de/10014222007
Persistent link: https://www.econbiz.de/10001681110