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Punishment despite reasonable doubt : a public goods experiment with uncertainty over contributions

Grechenig, Kristoffel; Nicklisch, Andreas; Thöni, Christian - 2010

Under a great variety of legally relevant circumstances, people have to decide whether or not to cooperate, when they face an incentive to defect. The law sometimes provides people with sanctioning mechanisms to enforce pro-social behavior. Experimental evidence on voluntary public good...

Persistent link: https://www.econbiz.de/10008738323

All it takes is one : the effect of weakest-link and summation aggregation on public good provision under threshold uncertainty

Carlsson, Frederik; Ek, Claes; Lange, Andreas - 2021

We report experimental evidence on the voluntary provision of public goods under threshold uncertainty. By explicitly comparing two prominent technologies, summation and weakest link, we show that uncertainty is particularly detrimental to threshold attainment under weakest link, where low...

Persistent link: https://www.econbiz.de/10012696938

On the impact of risky private and public returns in the private provision of public goods : the case of social investments

Freundt, Jana; Lange, Andreas - 2019

We use a laboratory experiment to identify the impact of risk in the private and public dimensions of social … to others. We find a detrimental effect of risk on public good provision when returns in both dimensions are risky and … positively correlated or independent. A negative correlation limits the downside risk and leads to more stable social investments …

Persistent link: https://www.econbiz.de/10011958821

Punishment Despite Reasonable Doubt - A Public Goods Experiment with Uncertainty Over Contributions

Grechenig, Kristoffel - 2010

Persistent link: https://www.econbiz.de/10013144995

Position uncertainty in a prisoner's dilemma game : an experiment

Anwar, Chowdhury Mohammad Sakib; Georgalos, Konstantinos; … - 2025

Gallice and Monzón (2019) present a natural environment that sustains full cooperation in one-shot social dilemmas among a finite number of self-interested agents. They demonstrate that in a sequential public goods game, where agents lack knowledge of their position in the sequence but can...

Persistent link: https://www.econbiz.de/10015375388

Panic in the Lab : The Effect of Extreme External Risks and Bolstering Cooperation in Public Goods Games

Schweitzer, Sascha; Shen, Peiyao; Siebert, Johannes Ulrich - 2023

pandemics, stock market collapses, and terror attacks, pose a risk that could undermine cooperation. We extend the public goods … laboratory experiment. By incorporating risk as an external random variable in the PGG, independent of the participants … actual risk constant. Our experimental results reveal that extreme risks indeed decrease contributions on average by about 20 …

Persistent link: https://www.econbiz.de/10014344520

Public good provision with robust decision making

Angelopulos, Kōnstantinos I.; Oikonomidēs, Geōrgios; … - 2012

In this paper, we study a two-country dynamic setup with environmental externalities and potential model misspecification in relation to this public good. Under model uncertainty, robust policies help to correct the inefficiencies associated with free riding on public good provision, implying...

Persistent link: https://www.econbiz.de/10009682338

Ambiquity and public good provision in large societies

Bailey, Ralph W.; Eichberger, Jürgen; Kelsey, David - 2004

In this paper we consider the effect of ambiguity on the private provision of public goods. Equilibrium is shown to exist and be unique. We examine how provision of the public good changes as the size of the population increases. We show that when there is uncertainty there may be less...

Persistent link: https://www.econbiz.de/10003246054

Public Good Provision with Robust Decision Making

Angelopulos, Kōnstantinos; Oikonomidēs, Geōrgios; … - 2021

In this paper, we study a two-country dynamic setup with environmental externalities and potential model mis-specification in relation to this public good. Under model uncertainty, robust policies help to correct the inefficiencies associated with free riding on public good provision, implying...

Persistent link: https://www.econbiz.de/10013315838

The WTA-WTP Gap and Welfare Measures for Public Goods

Graves, Philip E. - 2014

A robust finding in experimental economics is that decision-makers often exhibit a much smaller dollar willingness to pay (WTP) for an item than the minimum amount that they claim to be willing to accept (WTA) to part with it. The spread between these two numbers is particularly large for public...

Persistent link: https://www.econbiz.de/10014204141