Showing 81 - 90 of 469
Identifying mechanisms able to sustain costly cooperation among self-interested agents is a central problem across social and biological sciences. One possible solution is peer punishment: when agents have an opportunity to sanction defectors, classical behavioral experiments suggest that...
Persistent link: https://www.econbiz.de/10013322066
Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public goods. Equilibrium climate protection may depend more sensitively on either of these considerations, depending on the type of policy rule one examines. This conclusion is based on...
Persistent link: https://www.econbiz.de/10013315881
A simple sufficient condition is proved for symmetric Markov subgame perfect Nash equilibria in public …-good differential games with a single state variable. The condition admits equilibria in feedback strategies that have discontinuous … pollution control. The existence is shown of equilibria that are arbitrarily close to Pareto dominance for all initial …
Persistent link: https://www.econbiz.de/10013220330
We examine democratic public-good provision with heterogeneous legislators. Decisions are taken by majority rule and an agenda-setter proposes a level of the public good, taxes, and subsidies. Members are heterogeneous with respect to their benefits from the public good. We find that, depending...
Persistent link: https://www.econbiz.de/10014500614
We provide experimental evidence on behavior in a public goods game featuring a so-called point of no return, meaning that if the group’s total contribution falls below this point all payoffs are reduced. Participants receive either common or private signals about the point of no return, and...
Persistent link: https://www.econbiz.de/10011251917
We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of international environmental agreements on climate change, with the possibility that singletons support coalition formation without becoming coalition members themselves. Rather,...
Persistent link: https://www.econbiz.de/10011255680
We investigate how burden sharing rules impact the voluntary provision of a public good which generates heterogeneous benefits to agents. We compare different rule-based contribution schemes where agents can first suggest a minimum provision level of the public good, before the smallest common...
Persistent link: https://www.econbiz.de/10011261612
This study clarifies the types of motives that are important as a source of cooperation in a linear public goods experiment. Our experimental design separates the contributions due to confusion, one-shot motives (which includes altruism, warm-glow, inequality aversion, and conditional...
Persistent link: https://www.econbiz.de/10011206987
Many people contribute to public goods but stop doing so once they experience free riding. We test the hypothesis that groups whose members know that they are composed only of ‘like-minded’ cooperators are able to maintain a higher cooperation level than the most cooperative,...
Persistent link: https://www.econbiz.de/10009144747
We investigate leading by example in a public goods game in scenarios with and without intergroup competition. Leading by example is implemented via a sequential decision protocol. We examine both one-shot and repeated interaction and make use of the strategy method to characterize followers'...
Persistent link: https://www.econbiz.de/10009391900