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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
We consider ultimatum bargaining over the provision of a public good. Offer-maker and responder can delegate their decisions to agents, whose actual decision rules are opaque. We show that the responder will benefit from strategic opacity, even with bilateral delegation. The incomplete...
Persistent link: https://www.econbiz.de/10013332120
experiment with fiveperson committees that compares three alternative voting rules: unanimity (q=5); majority (q=3); and …
Persistent link: https://www.econbiz.de/10009412019
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
We study the stability of voluntary cooperation in response to varying rates at which a group grows. Using a laboratory public-good game with voluntary contributions and economies of scale, we construct a situation in which expanding a group's size yields potential efficiency gains, but only if...
Persistent link: https://www.econbiz.de/10010260008
We analyze linear, weakest-link and best-shot public goods games in which a distinguished team member, the team allocator, has property rights over the benefits from the public good and can distribute them among team members. These team allocator games are intended to capture natural asymmetries...
Persistent link: https://www.econbiz.de/10012498512
We analyze linear, weakest-link and best-shot public goods games in which a distinguished team member, the team allocator, has property rights over the benefits from the public good and can distribute them among team members. These team allocator games are intended to capture natural asymmetries...
Persistent link: https://www.econbiz.de/10012507353
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
is predicted to emerge in their "action commitment" extended game. We then report a laboratory experiment designed to … ; Sequential Contributions ; Endogenous Timing ; Action Commitment ; Observable Delay ; Experiment …
Persistent link: https://www.econbiz.de/10003839118
threshold uncertainty. -- Public good ; threshold uncertainty ; ambiguity ; experiment …
Persistent link: https://www.econbiz.de/10009374409