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Evidence from an experiment investigating the "house money effect" in the context of a public goods game is … is potentially important in the external validity debate. -- Public Good Experiment ; Hurdle Model ; double hurdle model …
Persistent link: https://www.econbiz.de/10009569530
Extensive experimental research on public goods games documents that many subjects are “conditional cooperators” in that they positively correlate their contributions with (their belief about) contributions of other subjects in their group. The goal of our study is to shed light on what...
Persistent link: https://www.econbiz.de/10012907344
We investigate experimentally whether the extent of conditional cooperation in public good games depends on the marginal return to the public good and type of game. The marginal return is varied from 0.2 to 0.4 to 0.8. The "standard" game, in which three players contribute before a follower, is...
Persistent link: https://www.econbiz.de/10010228325
We investigate experimentally whether the extent of conditional cooperation in public good games depends on the marginal per capita return (MPCR) to the public good and type of game. The MPCR is varied from 0.2 to 0.4 to 0.8. The "standard" game, in which three players contribute before a...
Persistent link: https://www.econbiz.de/10010503532
In a public goods experiment, subjects can vary over a period of stochastic length two contribution levels: one is …
Persistent link: https://www.econbiz.de/10012721096
we employ a real donationʺ lab experiment in a context-rich environment: contributions go to actual public goods (i …
Persistent link: https://www.econbiz.de/10009559239
subjects have a preference for social approval. Using a controlled laboratory experiment we test our model. In the experiment …
Persistent link: https://www.econbiz.de/10009427179
We use a large and heterogeneous sample of the Danish population to investigate the importance of distributional preferences for behavior in a public good game and a trust game. We find robust evidence for the significant explanatory power of distributional preferences. In fact, compared to...
Persistent link: https://www.econbiz.de/10012009014
This paper studies a game of strategic experimentation in which the players have access to two-armed bandits where the risky arm distributes lump-sum payoffs according to a Poisson process with unknown intensity. Because of free-riding, there is an inefficiently low level of experimentation in...
Persistent link: https://www.econbiz.de/10013320496
This paper studies a game of strategic experimentation with two-armed bandits whose risky arm might yield a payoff only after some exponentially distributed random time. Because of free-riding, there is an inefficiently low level of experimentation in any equilibrium where the players use...
Persistent link: https://www.econbiz.de/10014091163