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Experimental economists increasingly apply econometric techniques to interpret their data, as suggests the emergence of "experimetrics" in the 2000s. Yet statistics remains a minor topic in historical and methodological writings on experimental economics (EE). This article aims to address this...
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We experimentally investigate whether the procedural history of a sanctioning institution affects cooperation in a social dilemma. Subjects inherit the institutional setting from a previous generation of subjects who either decided on the implementation of the institution democratically by...
Persistent link: https://www.econbiz.de/10011587713
This paper presents an experimental study on the ability of human groups to escape the tragedy of the commons through institutional change. It shows that the groups identify institutional change as a means of resolving social dilemmas and are ready to apply it even if the change requires an...
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Formal or informal institutions have long been adopted by societies to protect against opportunistic behavior. However, we know very little about how these institutions are chosen and their impact on behavior. We experimentally investigate the demand for different levels of institutions that...
Persistent link: https://www.econbiz.de/10012219890
Formal or informal institutions have long been adopted by societies to protect against opportunistic behavior. However, we know very little about how these institutions are chosen and their impact on behavior. We experimentally investigate the demand for different levels of institutions that...
Persistent link: https://www.econbiz.de/10012239472
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