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We fuse a social dilemma game and a game pitting the group against nature, where the group's probability of avoiding disaster depends on the resources it raises from members. The result is the Nederlander-Prisoner's Dilemma Game where the cost of failure is equally shared. We introduce the...
Persistent link: https://www.econbiz.de/10009773105
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10003086450
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10011343948
We extend the seminal model by Bergstrom, Blume and Varian (1986) on the private provision of public goods to contributions given by multiple private commodities. Taking into account the proportion of the value of the aggregate endowment donated to finance the public good, we present a notion of...
Persistent link: https://www.econbiz.de/10014079863
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10013318468
Why people participate in public good provision is one of the oldest questions in Economics. In the absence of enforcement mechanisms public goods would be under-provided. I develop a dynamic model of forward-looking agents in the presence of social pressure, which provides a potential...
Persistent link: https://www.econbiz.de/10012910192
Bergstrom, Blume and Varian (1986) provides an elegant game-theoretic model of an economy with one private good and one public good. Strategies of players consist of voluntary contributions of the private good to public good production. Without relying on first order conditions, the authors...
Persistent link: https://www.econbiz.de/10011108853
Bergstrom, Blume and Varian (1986) provides an elegant gametheoretic model of an economy with one private good and one public good. Strategies of players consist of voluntary contributions of the private good to public good production. Without relying on first order conditions, the authors...
Persistent link: https://www.econbiz.de/10010550744
We conduct a repeated VCM (voluntary contribution mechanism) experiment using the strategy method and compare contribution behavior in a partner and a stranger matching in both a cold and a hot setting, where the latter differs from the former by allowing participants to revise their strategies...
Persistent link: https://www.econbiz.de/10010574277
The phenomenon of private contributions to public goods is broadly discussed in the literature. However, the possibility to verify theoretical results empirically is often limited because sufficient data on donors is lacking. Christmas lights in Berlin have been completely financed with private...
Persistent link: https://www.econbiz.de/10012137008