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Persistent link: https://www.econbiz.de/10010253578
In a best-shot public good, where the provision level is determined by the highest contribution instead of the sum of all contributions, there is potential for waste and underprovision due to coordination failure. These failures are exacerbated when agents are identical because there is no focal...
Persistent link: https://www.econbiz.de/10010866240
Economists and psychologists have long argued the origin of wealth influences individual behavior. In a previous study (Cherry et al., 2005), we found the origin of endowment did not significantly affect behavior in linear public good games with summation contribution technology. In such games,...
Persistent link: https://www.econbiz.de/10005711710