Showing 1 - 10 of 153
We provide an overview of experimental literature on lottery contests and point out the two main phenomena observed in most contest experiments: overbidding relative to the standard Nash equilibrium prediction and heterogeneous behavior of ex-ante symmetric contestants. Based on the sample of...
Persistent link: https://www.econbiz.de/10014162119
punishment, so that they increase overall welfare? We report an experiment in which players can issue non-binding threats to … absence of threats. -- threats ; cheap talk ; sanctions ; public good ; experiment …
Persistent link: https://www.econbiz.de/10009011591
We analysed dyads strategies in one-shot public goods game. By means of a laboratory experiment, using a variant of the …
Persistent link: https://www.econbiz.de/10011571212
with different compared to the same group members. We employ a laboratory experiment to create consensus between these …
Persistent link: https://www.econbiz.de/10014142823
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
question, we design a public goods experiment in which participants can pay a fee to view information about identities and …
Persistent link: https://www.econbiz.de/10013058764
We experimentally investigate the impact of visibility of contributors and cost of information on public good contributions. First, we vary recognizing all, highest or lowest contributors. Second, we investigate the effect of imposing a cost on viewing contributors. Recognizing all contributors...
Persistent link: https://www.econbiz.de/10013063986
We experimentally investigate simultaneous decision-making in two contrasting environments: one that encourages competition (lottery contest) and one that encourages cooperation (public good game). We find that simultaneous participation in the public good game affects behavior in the contest,...
Persistent link: https://www.econbiz.de/10013115257
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker's objective is to successfully attack at least one target and the defender's objective is diametrically opposed. We apply two benchmark contest...
Persistent link: https://www.econbiz.de/10008697819
lead to suboptimal institutional choice. -- voting ; punishment ; voluntary contributions ; heterogeneity ; experiment …
Persistent link: https://www.econbiz.de/10003882556