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We present results from a repeated public goods experiment where subjects choose by vote one of two sanctioning schemes: peer-to-peer (informal) or centralized (formal). We introduce, in some treatments, a moderate amount of noise (a 10 percent probability that a contribution is reported...
Persistent link: https://www.econbiz.de/10011708190
In some important multi-player situations, such as efforts to supply a global public good, players can choose the game they want to play. In this paper we conduct an experimental test of the decision to choose between a “tipping” game, in which every player wants to contribute to the public...
Persistent link: https://www.econbiz.de/10011210784
productivity. Nevertheless, only a minority of sessions converge to this system, indicating a tendency for the voting process to …
Persistent link: https://www.econbiz.de/10005013941
different voting schemes to determine the terms of the agreement. To this end, unanimity, qualified majority voting, and simple … majority voting are compared with respect to the resulting pollution abatement level and social welfare. At first sight in line … with theoretical predictions, the experiment shows that the change of the voting scheme implemented in an IEA does not …
Persistent link: https://www.econbiz.de/10008694111
We test a mechanism whereby groups are formed voluntarily, through the use of voting. These groups play a public …
Persistent link: https://www.econbiz.de/10010776752
). Being adopted by voting appears to enhance the efficiency of both informal sanctions and non-deterrent formal sanctions. …
Persistent link: https://www.econbiz.de/10008836656
We study the effect of voting when insiders’ public goods provision may affect passive outsiders. Without voting …. Voting on the recommended contribution level enhances contributions if outsiders are unaffected and internalizes the negative … externality by lowering contributions when outsiders are negatively affected. Remarkably, voting does not increase contributions …
Persistent link: https://www.econbiz.de/10011106491
productivity. Nevertheless, only a minority of sessions converge to this system, indicating a tendency for the voting process to …
Persistent link: https://www.econbiz.de/10011092305
members use different voting schemes to determine their commitment. To this end, unanimity, qualified majority voting, and … simple majority voting are compared with respect to the resulting public good provision level and social welfare. At first … sight, in line with theoretical predictions, the experiment shows that a change in the voting scheme implemented in a …
Persistent link: https://www.econbiz.de/10010696377
We study conditional cooperation based on a sequential two-person linear public good game in which a trusting first contributor can be exploited by a second contributor. After playing this game the first contributor is allowed to punish the second contributor. The consequences of sanctioning...
Persistent link: https://www.econbiz.de/10010291837