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We compare a partners condition where the same small group of subjects plays arepeated public good game to astrangers condition where subjects play this game in changing group formations.Subjects in the partners conditioncontribute from the first period on significantly more to the public good...
Persistent link: https://www.econbiz.de/10010324530
repeated public good games. We present results of an experiment which allows to evaluate these hypotheses. The main …
Persistent link: https://www.econbiz.de/10010272953
In a series of experiments, we compare a situation where the same group of four subjects plays 25 repetitions of a public good game (partners condition) to a situation where subjects play this game in changing group formations over 25 periods (strangers condition). We observe that, on aggregate...
Persistent link: https://www.econbiz.de/10010324650
experiment shows there is a workable alternative todeception. …
Persistent link: https://www.econbiz.de/10010324715
In this paper we present three simple theoretical models to explain the influence of the possibility to make non-binding announcements on investment behaviour in public goods settings. Our models build on the idea that voluntary contributions to the supply of a public good might be motivated by...
Persistent link: https://www.econbiz.de/10010261099
In this paper we present three simple theoretical models to explain the influence of the possibility to make non-binding announcements on future investment behaviour in public good settings. Our models build on the idea that voluntary contributions to the supply of a public good might be...
Persistent link: https://www.econbiz.de/10010296778
polynomial of degree N-1. In order to deal with the intricacy of the resulting evolutionary dynamics, we make use of the theory … of polynomials in Bernstein form. This theory implies a tight link between the sign pattern of the gains from switching …
Persistent link: https://www.econbiz.de/10011390691
This paper presents an experimental study that compares the ability of human groups to escape the tragedy of the commons through institutional change or communication. Teams of five players are placed in a dynamic CPR environment with inefficient institutional settings. The results clearly show...
Persistent link: https://www.econbiz.de/10010296565
We use a laboratory experiment to investigate the behavioral effects of obligations that are not backed by binding … asymmetric minimum contribution levels (obligations) in a repeated public goods experiment. The results provide evidence for a …
Persistent link: https://www.econbiz.de/10010304714
We use a laboratory experiment to investigate the behavioral effects of obligations that are not backed by binding … and asymmetric minimum contribution levels (obligations) in a repeated public goods experiment. The results provide …
Persistent link: https://www.econbiz.de/10010274783