Showing 1 - 2 of 2
Viewing individual contributions as investments in emission reductionwe rely on the familiar linear public goods-game to set global reductiontargets which, if missed, imply that all payoffs are destroyed witha certain probability. Regulation by milestones does not only impose afinal reduction...
Persistent link: https://www.econbiz.de/10009248915
A procurement contract is granted by a bureaucrat (the auctioneer)who is interested in a low price and a bribe from the provider.The optimal bids and bribes are derived based on an iid private costassumption. In the experiment, bribes are negatively framed (betweensubjectstreatment) to capture...
Persistent link: https://www.econbiz.de/10005866715