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Avoiding a catastrophic climate change event is a global public good characterized by several dimensions, notably heterogeneity between the parties involved. It is often argued that such heterogeneity between countries is a major obstacle to cooperative climate policy. We challenge this belief...
Persistent link: https://www.econbiz.de/10012112504
Avoiding a catastrophic climate change event is a global public good characterized by several dimensions, notably heterogeneity between the parties involved. It is often argued that such heterogeneity between countries is a major obstacle to cooperative climate policy. We challenge this belief...
Persistent link: https://www.econbiz.de/10011815758
The restart effect occurs in linear voluntary contribution mechanism (VCM) experiments when there is an upward pulse in contributions to the group account following a stoppage and then restarting of the VCM experiment. Although the restart effect is a well-known empirical regularity little...
Persistent link: https://www.econbiz.de/10011189499
This paper experimentally studies two simple interventions aimed at increasing public goods provision in settings in which accurate feedback about contributions is not available. The first intervention aims to exploit lying aversion by requiring subjects to send a non-verifiable ex post...
Persistent link: https://www.econbiz.de/10011982104
In the recent literature, several hypotheses have been put forward in order to explain the decline of contributions in repeated public good games. We present results of an experiment which allows to evaluate these hypotheses. The main characteristics of our experimental design are a variation of...
Persistent link: https://www.econbiz.de/10010272953
In this paper, we investigate whether dynamic incentive schemes lead to a ratchet effect in a social dilemma. We test whether subjects strategically restrict their contribution levels at the beginning of a cumulative public goods game in order to avoid high obligations in the future and how this...
Persistent link: https://www.econbiz.de/10012196432
Similar to Levati and Neugebauer (2001), a clock is used by which participants can vary their individual contributions for voluntarily providing a public good. As time goes by, participants either in(de)crease their contribution gradually or keep it constant. Groups of two poorly and two richly...
Persistent link: https://www.econbiz.de/10010310565
This paper investigates mechanisms for the private provision of a public good which utilize competition to incentivize contributions. Theory predicts that 'all-pay' competition is particularly effective for fundraising. Within this class of mechanisms different types of lotteries and all-pay...
Persistent link: https://www.econbiz.de/10003759118
In this paper we examine voluntary contributions to a public good when the timing of contributions is endogenously determined by contributors, focusing on the simple quasi-linear setting with two players (Varian, 1994). We show that the move order that is predicted to emerge is sensitive to how...
Persistent link: https://www.econbiz.de/10003839118
Persistent link: https://www.econbiz.de/10003807183