Showing 1 - 10 of 116
This paper provides a new way to identify conditional cooperation in a real-time version of the standard voluntary contribution mechanism. We define contribution cycles as the number of contributors a player waits for before committing to a further contribution, and use a permutation test on...
Persistent link: https://www.econbiz.de/10008788748
In a two-person ï¬nitely repeated public goods experiment, we use intentions data to interpret individual behavior. Based on a random-utility model speciï¬cation, we develop a relationship between a player's beliefs about others' behavior and his contributions' plans, and use this...
Persistent link: https://www.econbiz.de/10005090581
Participants in a public goods experiment receive private or common signals regarding the so-called "point of no return", meaning that if the group's total contribution falls below this point, all payoffs are reduced. An individual faces the usual conflict between private and collective...
Persistent link: https://www.econbiz.de/10009644963
Participants in a public goods experiment receive private or common signals regarding the so-called point of no return, meaning that if the group's total contribution falls below this point, all payoffs are reduced. An individual faces the usual conflict between private and collective interests...
Persistent link: https://www.econbiz.de/10010286448
whether behavior in public goods games is affected by experience (i.e., previous participation in social dilemma …
Persistent link: https://www.econbiz.de/10010337033
This paper provides a new way to identify conditional cooperation in a real-time version of the standard voluntary contribution mechanism. Our approach avoids most drawbacks of the traditional procedures because it relies on endogenous cycle lengths, which are defined by the number of...
Persistent link: https://www.econbiz.de/10003828241
Previous research indicates that risky and uncertain marginal returns from the public good significantly lower contributions. This paper presents experimental results illustrating that the effects of risk and uncertainty depend on the employed parameterization. Specifically, if the value of the...
Persistent link: https://www.econbiz.de/10003887174
In this paper, we study a voluntary contribution mechanism with one-way communication. The relevance of one person's words is assessed by assigning exogenously the role of the "communicator" to one group member. Contrary to the view that the mutual exchange of promises is necessary for the...
Persistent link: https://www.econbiz.de/10003924235
lotteries with equivalent levels of risk. Cooperation rates in games vary with different levels of risk across decision … choices in lotteries, not in stochastic games. Process data suggests that people respond less to probabilities in the …
Persistent link: https://www.econbiz.de/10009579901
This paper derives and justifies a procedurally fair bidding mechanism and reviews experiments that apply the mechanism to public projects provision. In the experiments, not all parties benefit from provision, and the projects ́costs can be negative. The experimental results indicate that the...
Persistent link: https://www.econbiz.de/10009792166