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Reasons behind public goods provision
Raimondi, M. - Facoltà di Economia, Università degli Studi di Parma - 2009
In order to examine the role of non-economically measurable factors into the models of voluntary provision of public goods, Experimental Economics showed two systematic findings: (a) in early rounds of game, individual contributions are surprisingly high and increasing, but they tend to decrease...
Persistent link: https://www.econbiz.de/10005772825
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Computational rationality and voluntary provision of public goods: an agent-based simulation model
Raimondi, M. - Facoltà di Economia, Università degli Studi di Parma - 2009
The issue of the cooperation among private agents in realising collective goods has always raised problems concerning the basic nature of individual behaviour as well as the more traditional economic problems. The Computational Economics literature on public goods provision can be useful to...
Persistent link: https://www.econbiz.de/10005772826
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Public Spending and Volunteering: "The Big Society", Crowding Out, and Volunteering Capital.
Bartels, Koen; Cozzi, Guido; Mantovan, Noemi - Volkswirtschaftliche Fakultät, … - 2011
The current British Government's "Big Society" plan is based on the idea that granting more freedom to local communities and volunteers will compensate for a withdrawal of public agencies and spending. This idea is grounded on a widely held belief about the relationship between government and...
Persistent link: https://www.econbiz.de/10008873546
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Public Spending and Volunteering: "The Big Society", Crowding Out, and Volunteering Capital
Cozzi, Guido; Bartels, Koen P.R.; Mantovan, Noemi - Department of Economics and Finance, Business School - 2011
The current British Government's "Big Society" plan is based on the idea that granting more freedom to local communities and volunteers will compensate for a withdrawal of public agencies and spending. This idea is grounded on a widely held belief about the relationship between government and...
Persistent link: https://www.econbiz.de/10009294127
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A Note on the Design of Experiments Involving Public Goods
Graves, Philip E. - CESifo - 2010
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/10008671727
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Social preferences and portfolio choice
Riedl A.M.; Smeets P.M.A. - Graduate School of Business and Economics (GSBE), … - 2013
This paper explores whether social preferences influence portfolio choices of retail investors. We use administrative investor trading records which we link to decisions of the same investors in experiments with real money at stake. We show that social preferences rather than return expectations...
Persistent link: https://www.econbiz.de/10010734875
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Is Altruism Bad for Cooperation?
Hwang, Sung-Ha; Bowles, Samuel - Research Institute for Market Economy, Sogang University - 2011
cooperation may be less than additive. Using a utility function embodying both reciprocity and altruism we show that unconditional … altruism attenuates the punishment motive and thus may reduce the level of punishment in?icted on defectors, resulting in lower … levels of contribution. Increases in altruism may also reduce the level of bene?ts from the public project net of …
Persistent link: https://www.econbiz.de/10010741519
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Giving in South Africa: Determining the influence of altruism, inequality aversion and social capital
Tirivayi J.N. - United Nations University-Maastricht Economic Research … - 2014
giving to formal charities and beggars. Results suggest that both impure altruism and inequality aversion positively …
Persistent link: https://www.econbiz.de/10011004574
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Is altruism bad for cooperation?
Hwang, Sung-Ha; Bowles, Samuel - In: Journal of Economic Behavior & Organization 83 (2012) 3, pp. 330-341
cooperation may be less than additive. Using a utility function embodying both reciprocity and altruism we show that unconditional … altruism attenuates the punishment motive and thus may reduce the level of punishment inflicted on defectors, resulting in … lower levels of contribution. Increases in altruism may also reduce the level of benefits from the public project net of …
Persistent link: https://www.econbiz.de/10010594637
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Altruism and charitable giving in a fully replicated economy
Gaube, Thomas - Max-Planck-Institut zur Erforschung von … - 2005
In this paper, an economy is analyzed where one group of agents, the altruists, cares about the well-being of another group of agents, the recipients. It is asked how changes in the size of these groups affect the altruists’ charitable giving in the Nash equilibrium. I show that a pure group...
Persistent link: https://www.econbiz.de/10008633226