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In the recent literature, several hypotheses have been put forward in order to explain the decline of contributions in repeated public good games. We present results of an experiment which allows to evaluate these hypotheses. The main characteristics of our experimental design are a variation of...
Persistent link: https://www.econbiz.de/10010272953
We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit individuals' cooperation preferences in one experiment and use them as well as subjects' elicited beliefs to explain contributions to a public good played repeatedly. We find...
Persistent link: https://www.econbiz.de/10010273781
We consider a sequential game in which one player produces a public good and the other player can influence this decision by making an unconditional transfer. An efficient allocation requires the Lindahl property: the sum of the two (implicit) individual prices has to be equal to the resource...
Persistent link: https://www.econbiz.de/10010274724
In a public goods experiment, subjects can vary over a period of stochastic length two contribution levels: one is publicly observable (their cheap talk stated intention), while the other is not seen by the others (their secret intention). When the period suddenly stops, participants are...
Persistent link: https://www.econbiz.de/10010275033
We report on an experiment designed to explore whether allowing individuals to voice their anger prevents costly punishment. For this sake, we use an ultimatum minigame and distinguish two treatments: one in which responders can only accept or reject the o®er, and the other in which they can...
Persistent link: https://www.econbiz.de/10010275034
In a two-person ¯nitely repeated public goods experiment, we use intentions data to interpret individual behavior. Based on a random-utility model speci¯cation, we develop a relationship between a player's beliefs about others' behavior and his contributions' plans, and use this relationship...
Persistent link: https://www.econbiz.de/10010275035
Previous research indicates that risky and uncertain marginal returns from the public good significantly lower contributions. This paper presents experimental results illustrating that the effects of risk and uncertainty depend on the employed parameterization. Speci?cally, if the value of the...
Persistent link: https://www.econbiz.de/10010275042
In this paper, we study a voluntary contribution mechanism with one-way communication. The relevance of one person's words is assessed by assigning exogenously the role of the communicator to one group member. Contrary to the view that the mutual exchange of promises is necessary for the...
Persistent link: https://www.econbiz.de/10010275043
This paper provides a new way to identify conditional cooperation in a real-time version of the standard voluntary contribution mechanism. Our approach avoids most drawbacks of the traditional procedures because it relies on endogenous cycle lengths, which are defined by the number of...
Persistent link: https://www.econbiz.de/10010277300
In this paper we examine voluntary contributions to a public good when the timing of contributions is endogenously determined by contributors, focusing on the simple quasi-linear setting with two players (Varian, 1994). We show that the move order that is predicted to emerge is sensitive to how...
Persistent link: https://www.econbiz.de/10010277464