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Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...
Persistent link: https://www.econbiz.de/10010274945
embodying both reciprocity and altruism we show that unconditional altruism towards other members attenuates the punishment … contributions. Increases in altruism may also reduce the level of benefits from the public project net of contribution costs and … punishment costs. The negative effect of altruism on cooperation and material payoffs is greater the stronger is the reciprocity …
Persistent link: https://www.econbiz.de/10010287831
to the normative and positive theory of public goods provision. First, it is a price based mechanism achieving efficient …
Persistent link: https://www.econbiz.de/10010280776
Persistent link: https://www.econbiz.de/10010264765
Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public …
Persistent link: https://www.econbiz.de/10010283613
(competitive altruism) and in which they endogenously choose the reference group and associated reference standard involved in …
Persistent link: https://www.econbiz.de/10010435684
This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers display warm glow effects. We demonstrate that provided that each consumer becomes satiated to other consumers provision, it holds that, for a sufficiently large economy, the set...
Persistent link: https://www.econbiz.de/10010280750
We present a stated-preference study where values of statistical lives (VSL) are derived both as public and private goods, and we distinguish between three different death causes, heart disease, environmentally related illnesses and traffic accidents. 1000 randomly chosen individuals in Norway...
Persistent link: https://www.econbiz.de/10010284325
Individuals with a preference for keeping moral obligations may dislike learning that voluntary contributions are socially valuable: Such information can trigger unpleasant feelings of cognitive dissonance. I show that if initial beliefs about the social value of contributions are sufficiently...
Persistent link: https://www.econbiz.de/10010285608
This paper examines the impact of payment choice on charitablegiving with a door-to-door fund-raising field experiment …
Persistent link: https://www.econbiz.de/10010325785