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in the MAM experiment overall averaged 94.9%. The data support BEWDS rather than subgame perfect Nash equilibria … outcomes. -- Public good experiment ; Approval mechanism ; Assumed equilibrium concepts …
Persistent link: https://www.econbiz.de/10009742003
We model a bipartite network in which links connect agents with public goods. Agents play a voluntary contribution game in which they decide how much to contribute to each public good they are connected to. We show that the problem of finding a Nash equilibrium can be posed as a non-linear...
Persistent link: https://www.econbiz.de/10011283197
This paper analyses the private provision of public goods where agents interact within a fixed network structure and may benefit only from their direct neighbours' provisions. We survey the literature and then generalise the public goods in networks model of Bramoullé and Kranton (2007) to...
Persistent link: https://www.econbiz.de/10011856863
Mitigation and adaptation are the most important strategies in combating global climate change. It is expected that in a post Kyoto world industrialized countries have to engage in greenhouse gas abatement, and to support developing countries in adapting to climate change. Within the framework...
Persistent link: https://www.econbiz.de/10003923370
Quasilinear preferences on a public good and a numeraire good are limits of preferences where both goods are normal. The set of equilibria of the voluntary contribution (or private provision) game is easily characterized under quasilinearity by: top valuators aggregately contribute their common...
Persistent link: https://www.econbiz.de/10009506418
We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation change if a subject can be punished and 2) how does conditional cooperation change if a subject has the power to punish others. In particular, we disentangle the decision to be a...
Persistent link: https://www.econbiz.de/10011864590
Persistent link: https://www.econbiz.de/10009154963
we employ a real donationʺ lab experiment in a context-rich environment: contributions go to actual public goods (i …
Persistent link: https://www.econbiz.de/10009559239
. -- cooperation ; experiment ; public goods ; punishment ; religion …
Persistent link: https://www.econbiz.de/10009523533
. -- conditional cooperation ; selfish bias ; punishment ; public good experiment ; strategy method …
Persistent link: https://www.econbiz.de/10009305492