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One lingering puzzle is why voluntary contributions to public goods decline over time in experimental and real-world settings. We show that the decline of cooperation is driven by individual preferences for imperfect conditional cooperation. Many people’s desire to contribute less than others,...
Persistent link: https://www.econbiz.de/10005453709
We provide a direct test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit individuals’ cooperation preference in one experiment and use them – as well as subjects’ elicited beliefs – to make predictions about contributions to a public good...
Persistent link: https://www.econbiz.de/10005453725
We test if confusion and learning could potentially explain all the decay of contributions in the repeated public goods games by implementing a limited information environment to mimic the state of confusion. A comparison shows that the rate of decline is more than twice as high in a standard...
Persistent link: https://www.econbiz.de/10008672234
We use a limited information environment to mimic the state of confusion in an experimental, repeated public goods game. The results show that reinforcement learning leads to dynamics similar to those observed in standard public goods games. However, closer inspection shows that individual decay...
Persistent link: https://www.econbiz.de/10008555466
less prominent motivating force of allocation decisions. At the same time, efficiency concerns increase in importance for …
Persistent link: https://www.econbiz.de/10003978546
Persistent link: https://www.econbiz.de/10003983722
less prominent motivating force of allocation decisions. At the same time, efficiency concerns increase in importance for …
Persistent link: https://www.econbiz.de/10009736607
Persistent link: https://www.econbiz.de/10011985668
less prominent motivating force of allocation decisions. At the same time, efficiency concerns increase in importance for …
Persistent link: https://www.econbiz.de/10013141434
Persistent link: https://www.econbiz.de/10008658544