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In a public-good experiment with heterogeneous endowments, we investigate if and how the contribution level as well as the previously observed "fair-share" rule of equal contributions relative to one´s endowment (Hofmeyr et al., 2007; Keser et al., 2014) may be influenced by minimum-contribution...
Persistent link: https://www.econbiz.de/10011104971
In a public-good experiment with heterogeneous endowments, we investigate if and how the contribution level as well as the previously observed fair-share rule of equal contributions relative to one's endowment (Hofmeyr et al., 2007; Keser et al., 2014) may be influenced by minimum-contribution...
Persistent link: https://www.econbiz.de/10011183672
We experimentally investigate the effects of two different sources of heterogeneity – capability and valuation – on the provision of public goods when punishment is possible or not. We find that compared to homogeneous groups, asymmetric valuations for the public good have negative effects...
Persistent link: https://www.econbiz.de/10011190115
In a novel experimental design we study public good games with dynamic interdependencies. Each agent's income at the end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously allowing us to address new questions regarding their...
Persistent link: https://www.econbiz.de/10010959700
In this paper, we examine the impact of information on individual contributions in a public-bad experiment. We compare two experimental treatments. In the partial information treatment, subjects are only informed about the total contributions by their group, whereas in the full information...
Persistent link: https://www.econbiz.de/10005660500
Standard game theoretic models predict, based on subgame perfection, that public goods will not be provided even if agents are allowed to monitor free riders at some cost. Further, because punishment is not credible in these environments, this prediction is invariant to the size of groups....
Persistent link: https://www.econbiz.de/10005190080
We experimentally investigate cooperation in privileged groups which according to Olson (1965) are groups in which at least one member has an incentive to supply a positive amount of the public good. More specifically, we analyze group member heterogeneity with respect to two dimensions:...
Persistent link: https://www.econbiz.de/10010562390
Overcontribution in experiments on voluntary contribution to a public good has not yet received a fully satisfactory explanation. In those experiments, subjects cooperate, in contradiction with the game-theoretic prediction. In contrast, in oligopoly-experiments and common pool resource...
Persistent link: https://www.econbiz.de/10005385259
We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two-person setting (Varian, Journal of Public Economics, 1994). Our findings support the theoretical argument that sequential contributions result in lower overall provision than...
Persistent link: https://www.econbiz.de/10005453723
In a repeated public goods setting, we explore whether individuals, acting unilaterally, will provide an effective sanctioning institution. Subjects first choose unilaterally whether they will participate in a sanctioning stage that follows a contribution stage. Only those who gave themselves...
Persistent link: https://www.econbiz.de/10011103304