The siting of noxious facilities is usually a reason for conflict: as a society we want them, but as individuals (and often as communities) we do not want them close by. Faced with this problem, economists have used several methods such as lotteries, auctions or insurance policies. However, all...

Each of n (greater than or equal to) 1 identical buyers (and m (greater than or equal to) 1 identical sellers) wants to buy (sell) a single unit of an indivisible good. The core predicts a unique and extreme outcome: the entire surplus is split evenly among the buyers when m gt; n and among the...

Exogenously imposed infinite repetition is known to mitigate people's uncooperative behaviors in dilemma situations with partner matching through personal enforcement. One as yet unanswered question is whether people collectively choose to interact with each other under the partner matching...

This experiment investigates a stochastic version of the infinitely repeated prisoner's dilemma.The stochastic element introduces the importance of beliefs about the future for supportingcooperation as well as cooperation and defection on the equilibrium path. There is more coop-eration in...

In some important multi-player situations, such as efforts to supply a global public good, players can choose the game they want to play. In this paper we conduct an experimental test of the decision to choose between a “tipping” game, in which every player wants to contribute to the public...

We analyze a survey of 559 students to investigate how information about peers affects individuals' stated contributions to a specific pro-environment program — a student “green fee.” Compared to students that receive no information about peer contributions, the students that receive...

This paper investigates how the possibility of affecting group composition combined with the possibility of repeated interaction impacts cooperation within groups and surplus distribution. We developed and tested experimentally a Surplus Allocation Game where cooperation of four agents is needed...