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We analyze an experimental public goods game in which group members can endogenously determine whether they want to supplement a standard voluntary contribution mechanism with the possibility of rewarding or punishing other group members. We find a large and positive effect of endogenous...
Persistent link: https://www.econbiz.de/10010293404
Revealing the identities of contributors has been shown to increase cooperation in public goods games. In this paper we experimentally investigate whether this finding holds true when decisions are made by groups rather than individuals. We distinguish between groups in which members can discuss...
Persistent link: https://www.econbiz.de/10011773441
; punishment ; reward ; endogenous institutional choice ; voting ; experiment …
Persistent link: https://www.econbiz.de/10009731789
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10010269696
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10010294792
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10003938152
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games … only 40% for individuals. -- strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10009736622
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10013148075
Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding, regardless of the size or structure of groups. However, experiments show that people will punish free riders, even at considerable cost. To examine the implications of agents who...
Persistent link: https://www.econbiz.de/10010262078
punishment option and compare it to the behavior of individuals in a laboratory experiment. We also consider different team …
Persistent link: https://www.econbiz.de/10010488535