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How can we maximize the common good? This is a central organizing question of public policy design, across political parties and ideologies. The answer typically involves the provisioning of public goods such as fresh air, national defense, and knowledge. Public goods are costly to produce but...
Persistent link: https://www.econbiz.de/10014037089
Do democratically chosen rules lead to more cooperation and, hence, higher efficiency, than imposed rules? To discuss when such a "dividend of democracy" obtains, we review experimental studies in which material incentives remain stacked against cooperation (i.e., free-riding incentives prevail)...
Persistent link: https://www.econbiz.de/10014334071
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information aggregation. Despite this, unanimity is frequently used in committees making decisions on behalf of society. This …
Persistent link: https://www.econbiz.de/10011696383
committees. Subjects get private signals about the state of world, send binary messages, and finally vote under either majority … reasoning), but strikingly overestimate their pivotality when voting (contradicting plain lying aversion). That is, committees …
Persistent link: https://www.econbiz.de/10014442413
Historically, positive reinforcement (PRI) for charitable giving happens after the fact; thank-you letters, calls, or gifts from the charities to donors. With online giving becoming more prominent, this creates an opportunity for instantaneous PRI. Our study offers the first evidence, to our...
Persistent link: https://www.econbiz.de/10013307593
-societal differences in voluntary cooperation. Using one-shot public goods experiments in four comparable subject pools from the US and the …
Persistent link: https://www.econbiz.de/10014338895
This paper is a single-project meta-analysis of four experiments that first model charitable giving as individual …
Persistent link: https://www.econbiz.de/10013484983
Gender equity in the creation and enforcement of social norms is important not only as a normative principle but it can also support long term economic growth. Yet in most societies, coercive power is in the hands of men. We investigate whether this form of segregation is due to inherent gender...
Persistent link: https://www.econbiz.de/10011390561
bubbles in classical asset market experiments. Our setup is more realistic as it offers multiple securities that are …
Persistent link: https://www.econbiz.de/10011514493