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-binding announcements on investment behaviour in public goods settings. Our models build on the idea that voluntary contributions to the …-binding announcements has a positive effect on cooperative behaviour, especially if individual announcements and factual investments are …
Persistent link: https://www.econbiz.de/10013318831
under plausible conditions. Overall, contributions in the MAM experiment averaged 94.9%. Quantifying subjects’ responses to …
Persistent link: https://www.econbiz.de/10014157950
in the MAM experiment overall averaged 94.9%. The data support BEWDS rather than subgame perfect Nash equilibria … outcomes. -- Public good experiment ; Approval mechanism ; Assumed equilibrium concepts …
Persistent link: https://www.econbiz.de/10009742003
Avoiding a catastrophic climate change event is a global public good characterized by several dimensions, notably heterogeneity between the parties involved. It is often argued that such heterogeneity between countries is a major obstacle to cooperative climate policy. We challenge this belief...
Persistent link: https://www.econbiz.de/10011815758
Social dilemmas are central to human society. Depletion of natural resources, climate protection, security of energy supply, and workplace collaborations are all examples of social dilemmas. Since cooperative behaviour in a social dilemma is individually costly, Nash equilibrium predicts that...
Persistent link: https://www.econbiz.de/10014146500
-risk social dilemma (CRSD), a threshold public good game. Our CRSD-experiment studies two key aspects of the global coordination …
Persistent link: https://www.econbiz.de/10014344926
Previous research has shown that opportunities for two-sided partner choice in finitely repeated social dilemma games can promote cooperation through a combination of sorting and opportunistic signaling, with late period defections by selfish players causing an end-game decline. How such...
Persistent link: https://www.econbiz.de/10010126752
lead to suboptimal institutional choice. -- voting ; punishment ; voluntary contributions ; heterogeneity ; experiment …
Persistent link: https://www.econbiz.de/10003882556
This paper experimentally explores how the enforcement of cooperative behavior in a social dilemma is facilitated through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions, such as anger, which motivate individuals to punish free...
Persistent link: https://www.econbiz.de/10011346451
We study cooperation within and between groups in the laboratory, comparing treatments in which two groups have previously been (i) in conflict with one another, (ii) in conflict with a different group, or (iii) not previously exposed to conflict. We model conflict using an inter-group Tullock...
Persistent link: https://www.econbiz.de/10011318400