Showing 1 - 10 of 2,353
Managers of public water companies present themselves and are seen as public servants maximizing public welfare. Because water is rarely allocated through market mechanisms, this maximization requires that managers cooperate in a bureaucratic version of a social dilemma. Members of the...
Persistent link: https://www.econbiz.de/10013115012
Persistent link: https://www.econbiz.de/10014339347
Persistent link: https://www.econbiz.de/10012015513
We experimentally implement a dynamic public-good problem, where the public good in question is the dynamically evolving information about agents' common state of the world. Subjects' behavior is consistent with free-riding because of strategic concerns. We also find that subjects adopt more...
Persistent link: https://www.econbiz.de/10012598548
Persistent link: https://www.econbiz.de/10015396619
Persistent link: https://www.econbiz.de/10013455368
Persistent link: https://www.econbiz.de/10014290775
Persistent link: https://www.econbiz.de/10013543013
This paper concerns multistage games, with and without discounting, in which each player can increase the level of an action over time so as to increase the other players' future payoffs. An action profile is said to be achievable if it is the limit point of a subgame perfect equilibrium path....
Persistent link: https://www.econbiz.de/10011686703
Persistent link: https://www.econbiz.de/10003887954