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controlled experiment is consistent with this theoretical prediction. I also analyze another case where the marginal production …
Persistent link: https://www.econbiz.de/10012937461
rounds and the end-game effect is reversed. -- public goods experiment ; end-game effect ; free-riding …
Persistent link: https://www.econbiz.de/10009727615
Risk and uncertainty are an integral part of everyday human interactions. Recent literature has shown that group size uncertainty might change strategic cooperation behavior in significant ways. In this paper, we investigate how conditional cooperation changes under group size uncertainty in a...
Persistent link: https://www.econbiz.de/10012917052
The paper studies efficient public-good provision in a model with private values whose distribution depends on a macro shock; conditionally on this shock, values are independent and identically distributed. A generalization of the Bayesian mechanism of d'Aspremont and Gérard-Varet is shown to...
Persistent link: https://www.econbiz.de/10012657865
We analyze a dynamic moral hazard problem in teams with imperfect monitoring in continuous time. In the model, players are working together to achieve a breakthrough in a project while facing a deadline. The effort needed to achieve a breakthrough is unknown but players have a common prior about...
Persistent link: https://www.econbiz.de/10012937113
In this paper I analyze a dynamic moral hazard problem in teams with imperfect monitoring in continuous time. In the model, players are working together to achieve a breakthrough in a project while facing a deadline. The effort needed to achieve such a breakthrough is unknown but players have a...
Persistent link: https://www.econbiz.de/10011304680
Persistent link: https://www.econbiz.de/10008729310
oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …
Persistent link: https://www.econbiz.de/10003877116
This paper studies the effect of introducing costly partner selection for the voluntary contribution to a public good. Subjects participate in six sequences of five rounds of a twoperson public good game in partner design. At the end of each sequence, subjects can select a new partner out of six...
Persistent link: https://www.econbiz.de/10009728988
We present an experiment on voluntary contributions to a public good. The game has a dominant strategy solution in the … interior of the strategy space. In the experiment we observe significant over-contribution. This result is similar to those of … Experiment zugrunde liegende Spiel hat eine Lösung in dominanten Strategien, die im Inneren des Strategieraums liegt. Im …
Persistent link: https://www.econbiz.de/10009693162