Showing 1 - 10 of 437
Transparency in teams can induce cooperation. We study contribution decisions by agents when previous decisions can be observed. We find that an information chain, in which each agent directly observes only the decision of her immediate predecessor, is at least as effective as a...
Persistent link: https://www.econbiz.de/10009303879
We investigate the effect of a donation incentive tied to contributions to a public good when group members can decide on the size of the donation to be made. An up to 20 % donation of the public good was implemented either exogenously or endogenously by group members. In the Vote treatment,...
Persistent link: https://www.econbiz.de/10012494092
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10010325392
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10011343948
We fuse a social dilemma game and a game pitting the group against nature, where the group's probability of avoiding disaster depends on the resources it raises from members. The result is the Nederlander-Prisoner's Dilemma Game where the cost of failure is equally shared. We introduce the...
Persistent link: https://www.econbiz.de/10009773105
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10003086450
Why people participate in public good provision is one of the oldest questions in Economics. In the absence of enforcement mechanisms public goods would be under-provided. I develop a dynamic model of forward-looking agents in the presence of social pressure, which provides a potential...
Persistent link: https://www.econbiz.de/10012910192
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10013318468
We extend the seminal model by Bergstrom, Blume and Varian (1986) on the private provision of public goods to contributions given by multiple private commodities. Taking into account the proportion of the value of the aggregate endowment donated to finance the public good, we present a notion of...
Persistent link: https://www.econbiz.de/10014079863
I develop a dynamic model of private provision of public bads allowing investments in technologies. The analysis is tractable and the MPE unique. The framework is used to derive optimal incomplete contracts in a dynamic setting. While the noncooperative equilibrium is very inefficient,...
Persistent link: https://www.econbiz.de/10008810179