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We study experimentally the effectiveness of communication in common value committees exhibiting publicly known …
Persistent link: https://www.econbiz.de/10011444227
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10011344858
The common use of majority rule in group decision making is puzzling. In theory, it inequitably favors the proposer … experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game …
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, and of gender and intelligence. -- Public good ; voluntary contribution ; formal sanction ; experiment ; penalty ; voting …
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In a laboratory experiment, we investigate if groups consisting of two heterogeneous player types (with different …
Persistent link: https://www.econbiz.de/10011379928
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
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