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We use instrumental variables for estimating the causal effect of beliefs on contributions in repeated public good games. The effect is about half as large as suggested by ordinary least squares. Thus, we present evidence that beliefs have a causal effect on contributions, but also that beliefs...
Persistent link: https://www.econbiz.de/10010866250
This paper examines how group composition affects conditional cooperation in public good games. Identity was created using a team-building activity and subjects were assigned to groups of six with varying proportions of subjects from two teams. Majority members contributed more to the public...
Persistent link: https://www.econbiz.de/10010573917
We study the relationship between group size and the extent of risk sharing in an insurance game played over a number of periods with random idiosyncratic and aggregate shocks to income in each period. Risk sharing is attained via agents that receive a high endowment in one period making...
Persistent link: https://www.econbiz.de/10005587597
We use the investment game introduced by Berg, Dickhaut and McCabe (1995) to explore gender differences in trust and reciprocity. In doing so we replicate and extend the results first reported by Croson and Buchan (1999). We find that men exhibit greater trust than women do while women show much...
Persistent link: https://www.econbiz.de/10010263242
In this paper we consider an experimental two-period game characterized by incomplete information.The agent produces an output for the principal and can have either high or low costs of production. The principal ex ante knows only that each is equally likely. The principal's aim is to extract...
Persistent link: https://www.econbiz.de/10005839056
We study the relationship between group size and the extent of risk sharing in an insurance game played over a number of periods with random idiosyncratic and aggregate shocks to income in each period. Risk sharing is attained via agents that receive a high endowment in one period making...
Persistent link: https://www.econbiz.de/10005064068