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This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal sized groups compete for a prize that is shared equally among members of the winning group, regardless of their (costly) contributions to the group's success. We find that...
Persistent link: https://www.econbiz.de/10010316824
This paper examines whether and how communication can help groups solve coordination and free-rider problems when they compete with another group for a public-good prize. We find that when group members make an anonymous individual decision on whether or not to contribute to the group success,...
Persistent link: https://www.econbiz.de/10008528456
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency by increasing individual payoffs in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts....
Persistent link: https://www.econbiz.de/10008625833
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts. Allowing intra-group communication leads...
Persistent link: https://www.econbiz.de/10010664597
of public goods ; threshold ; voting ; experiments …Introducing a threshold in the sense of a minimal project size transforms a public goods game with an inefficient … thresholds are ineffective at best and often counter-productive. This holds under a range of threshold levels and refund rates …
Persistent link: https://www.econbiz.de/10003923574
Introducing a threshold in the sense of a minimal project size transforms a public goods game with an inefficient … thresholds are ineffective at best and often counter-productive. This holds under a range of threshold levels and refund rates …. We test if thresholds perform better if they are endogenously chosen, i.e. if a threshold is approved in a referendum …
Persistent link: https://www.econbiz.de/10013316272
Introducing a threshold in the sense of a minimal project size transforms a public goods game with an inefficient … thresholds are ineffective at best and often counter-productive. This holds under a range of threshold levels and refund rates …. We test if thresholds perform better if they are endogenously chosen, i.e. if a threshold is approved in a referendum …
Persistent link: https://www.econbiz.de/10014199541
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game …. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was … generally detrimental for the public good provision. The negative effect of threshold uncertainty was particularly severe when …
Persistent link: https://www.econbiz.de/10009374409
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game …. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was … generally detrimental for the public good provision. The negative effect of threshold uncertainty was particularly severe when …
Persistent link: https://www.econbiz.de/10013118207
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game …. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was … generally detrimental for the public good provision. The negative effect of threshold uncertainty was particularly severe when …
Persistent link: https://www.econbiz.de/10013112586