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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
Previous research on public-good games revealed greater contributions by fast decision-makers than by slow decision-makers. Interpreting greater contributions as generosity, this has been seen as evidence of generosity being intuitive. We caution that fast decisions are more prone to error, and...
Persistent link: https://www.econbiz.de/10012925616
Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...
Persistent link: https://www.econbiz.de/10008697050
We review two fundamentally different ways that decision time is related to cooperation. First, studies have … experimentally manipulated decision time to understand how cooperation is related to the use of intuition versus deliberation …. Current evidence supports the claim that time pressure (and, more generally, intuition) favors cooperation. Second …
Persistent link: https://www.econbiz.de/10014113978
This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...
Persistent link: https://www.econbiz.de/10010230894
We report on an experiment that tests for the effects of democratic versus hierarchical rules for joint decision making …
Persistent link: https://www.econbiz.de/10013019236
: promoting intuition versus deliberation has typically a positive effect on cooperation (dynamism) among people living in a … cooperative setting and with no previous experience in economic games on cooperation (history-dependence). Here we report on a lab … experiment exploring how these findings transfer to a non-cooperative setting. We find two major results: (i) promoting intuition …
Persistent link: https://www.econbiz.de/10013028985
a controlled experiment can. We find that decision makers are less likely to make resilience investments in inventories …
Persistent link: https://www.econbiz.de/10012899863
"information cascade" in which later predictions match the early announcements. This paper reports an experiment in which private …
Persistent link: https://www.econbiz.de/10014059223
Persistent link: https://www.econbiz.de/10003460679