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We report on experiments to replicate Plott and Zeiler's (2005) findings that the WTP-WTA gap disappears when using … Plott and Zeiler (2005) and Isoni, Loomes, and Sugden (2011) who re-ran the Plott/Zeiler experiments to study the paid … findings are replicated in a similar experiment with USB sticks instead of mugs. …
Persistent link: https://www.econbiz.de/10010494919
in a laboratory experiment vis-à-vis a voluntary contribution mechanism (VCM). All four outperform the VCM and towards … the end of the experiment fully efficient outcomes are attained in the 'lowest common denominator' scheme, which is … Goods ; Provision Mechanisms ; Experiments ; Contests …
Persistent link: https://www.econbiz.de/10003759118
We extend the discrete-choice rational inattention model to the case in which the decision maker can influence the payoff distribution across states. By reducing the gap between payoffs in different states, the decision maker is able to affect her own incentives to pay attention. The smaller the...
Persistent link: https://www.econbiz.de/10012865896
We perform an experiment where subjects pay for the right to participate in a shareholder vote. We find that …
Persistent link: https://www.econbiz.de/10003635132
Payment for ecosystem service (PES) programs incentivize farmers to implement agricultural best management practices (BMPs) with the goal of reducing nutrient and sediment runoff and improving water quality. These programs are widespread at both the federal and state level. Because some farmers...
Persistent link: https://www.econbiz.de/10013002835
Using a choice experiment, we test whether taste-based employee discrimination against ethnic minorities is susceptible …
Persistent link: https://www.econbiz.de/10014088280
We show in a public goods experiment on three continents that conditional cooperation is a universal behavioral ….S.A. than anywhere else. -- conditional cooperation ; public goods ; experiment …
Persistent link: https://www.econbiz.de/10009729297
contributing to a public good. In the Hybrid Public Good experiment each of two interacting contributors chooses an independent …
Persistent link: https://www.econbiz.de/10013022017
Persistent link: https://www.econbiz.de/10003808068
Persistent link: https://www.econbiz.de/10010341598