Schweitzer, Sascha; Shen, Peiyao; Siebert, Johannes Ulrich - 2023
laboratory experiment. By incorporating risk as an external random variable in the PGG, independent of the participants … pandemics, stock market collapses, and terror attacks, pose a risk that could undermine cooperation. We extend the public goods … actual risk constant. Our experimental results reveal that extreme risks indeed decrease contributions on average by about 20 …