Showing 81 - 90 of 2,174
We consider the problem of allocating infinitely divisible commodities among a group of agents. Especially, we focus on the case where there are several commodities to be allocated, and agents have continuous, strictly convex, and separable preferences. In this paper, we establish that the...
Persistent link: https://www.econbiz.de/10003929953
Persistent link: https://www.econbiz.de/10003921113
We extend the standard public good provision model to allow players to either like or dislike the public characteristic. Those who dislike it are able to take actions to reduce its level. We present conditions under which the existence of a unique noncooperative equilibrium is retained, and...
Persistent link: https://www.econbiz.de/10009571064
Quasilinear preferences on a public good and a numeraire good are limits of preferences where both goods are normal. The set of equilibria of the voluntary contribution (or private provision) game is easily characterized under quasilinearity by: top valuators aggregately contribute their common...
Persistent link: https://www.econbiz.de/10009506418
Persistent link: https://www.econbiz.de/10009672607
This paper revisits the question of framing and the provision of public goods. It also addresses the question, is giving in Dictator Games an expression of altruism or an artefact of experimentation? What is unique about this paper is that we employ a real donationʺ lab experiment in a...
Persistent link: https://www.econbiz.de/10009559239
Persistent link: https://www.econbiz.de/10009625628
Persistent link: https://www.econbiz.de/10009311625
Persistent link: https://www.econbiz.de/10009266927
Persistent link: https://www.econbiz.de/10009267492