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We report on an experiment comparing two institutions governing bargaining over public good allocations. In our setting … mandatory rule thus creates a dynamic relationship between current decisions and future payoffs, and our experiment tests the …
Persistent link: https://www.econbiz.de/10014262141
projects have demonstrated that the mechanism is efficiency enhancing. Our experiment tests whether the mechanism remains …
Persistent link: https://www.econbiz.de/10009784119
whether to engage in costly punishment of a free rider in a survey-based experiment with 1423 students from seven study areas …
Persistent link: https://www.econbiz.de/10011905088
Experimental studies show that the Nash equilibrium and its refinements are poor predictors of behavior in non-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard game theory predictions. However, those models...
Persistent link: https://www.econbiz.de/10013252726
We use a large and heterogeneous sample of the Danish population to investigate the importance of distributional preferences for behavior in a public good game and a trust game. We find robust evidence for the significant explanatory power of distributional preferences. In fact, compared to...
Persistent link: https://www.econbiz.de/10012009014
Persistent link: https://www.econbiz.de/10011648676
We report experimental findings on the role of charitable promises in bargaining settings. We vary the enforceability of such promises within variants of ultimatum games where the proposer suggest a split between himself, the responder and a char-itable donation. By reneging on initial pledges,...
Persistent link: https://www.econbiz.de/10012534829
What happens when charities compete? We begin to answer this question through a laboratory experiment in which subjects …
Persistent link: https://www.econbiz.de/10013034103
experiment with fiveperson committees that compares three alternative voting rules: unanimity (q=5); majority (q=3); and …
Persistent link: https://www.econbiz.de/10009412019
Persistent link: https://www.econbiz.de/10011704594