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In this paper we show that a simple model of fairness preferences explains major experimental regularities of common … pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10011398786
large body of research demonstrates the power of “reciprocity” for inducing cooperation: When others know that you have …
Persistent link: https://www.econbiz.de/10014037089
contributors obtain higher shares. Unlike other bargaining experiments with an exogenous fund, allocations involving payments to …
Persistent link: https://www.econbiz.de/10014141361
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10011398368
Do individuals trained in law enforcement punish or reward differently from typical student subjects? We analyze norm enforcement behavior of newly appointed police commissioners in both a Voluntary Contribution Mechanism game and a Common Pool Resource game. Our experimental design includes...
Persistent link: https://www.econbiz.de/10010359303
contributions. The mechanism is therefore rooted into reciprocity. By applying it to a standard abatement game parameterized on the …
Persistent link: https://www.econbiz.de/10013493119
Conditional cooperation is an important factor in voluntary cooperation. Fehr and Schmidt (1999) show that in public good games conditional cooperation among rational players is feasible if cooperators are sufficiently inequality averse and if there are not too many free riders. The derived...
Persistent link: https://www.econbiz.de/10012941202
In this paper, we extend the Fehr and Schmidt model of inequality aversion to a situation where the players differ with respect to their benefits and costs from contributions to a non-linear public good. A necessary condition for contributing to the public good is that the players’ benefit...
Persistent link: https://www.econbiz.de/10014178828
benefits. Prior research with small groups emphasizes the role of fairness concerns with positive effects on cooperation. We …
Persistent link: https://www.econbiz.de/10014364025
benefits. Prior research with small groups emphasizes the role of fairness concerns with positive effects on cooperation. We …
Persistent link: https://www.econbiz.de/10014366664