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laboratory binary choice minimum-effort coordination game, we randomly assign participants to three treatments: starting and … propose a theory based on belief updating to explain why gradualism works. We also discuss alternative explanations such as … reinforcement learning, conditional cooperation, inertia, preference for consistency, and limited attention. Our findings point to a …
Persistent link: https://www.econbiz.de/10010580351
Schott et al. (2007) have shown that the “tragedy of the commons” can be overcome when individuals share their output equally in groups of optimal size and there is no communication. The assignment of individuals to groups as either strangers or partners does not significantly affect this...
Persistent link: https://www.econbiz.de/10008625834
Numerous studies have looked at the factors that influence the likelihood of successful coordination. Two of the most … results concerning the negative effect of group size on risky-strategy play and successful coordination. Also consistent with …
Persistent link: https://www.econbiz.de/10010736872
.The experiments consider networks of coordination and cooperation,buyer-seller net- works,and network formation. …
Persistent link: https://www.econbiz.de/10005627865
Schott et al. (2007) have shown that the “tragedy of the commons” can be overcome when individuals share their output equally in groups of optimal size and there is no communication. In this paper we investigate the impact of introducing communication groups that may or may not be linked to...
Persistent link: https://www.econbiz.de/10008642483
Schott et al. (2007) have shown that the “tragedy of the commons” can be overcome when individuals share their output equally in groups of optimal size and there is no communication. In this paper we investigate the impact of introducing communication in groups that may or may not be linked...
Persistent link: https://www.econbiz.de/10008642748
that some kind of revision takes place during the stoppage that promotes cooperation. This research posits that certain … common knowledge about when the stoppage occurs creates a “coordination moment” where group members simultaneously engage in … revision and attempt to re-coordinate on a higher contribution level. Following Schelling’s description that such coordination …
Persistent link: https://www.econbiz.de/10011189499
In this experiment, we endogenize the choice of which contribution scheme is implemented in a public goods game. We investigate three rule-based contribution schemes. In a first step, players agree on a common group provision level using the principle of the smallest common denominator....
Persistent link: https://www.econbiz.de/10010957704
levels relative to the VCM. Important differences exist between the rules. Contrary to theory predictions, the equal …
Persistent link: https://www.econbiz.de/10010957721
We investigate how burden sharing rules impact the voluntary provision of a public good which generates heterogeneous benefits to agents. We compare different rule-based contribution schemes where agents can first suggest a minimum provision level of the public good, before the smallest common...
Persistent link: https://www.econbiz.de/10011261612