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Persistent link: https://www.econbiz.de/10011628017
We propose the minimum approval mechanism (MAM) for a standard linear public good environment with two players. Players simultaneously and privately choose their contributions to the public good in the first stage. In the second stage, they simultaneously decide whether to approve the other's...
Persistent link: https://www.econbiz.de/10010332274
This paper presents an experimental analysis of 2x2 coordination games in which player 1 earns a substantially higher payoff than player 2 except in the inefficient equilibrium where they earn the same payoffs. The main focus is on the comparison of two treatments with and without the ex post...
Persistent link: https://www.econbiz.de/10012013663
This paper shows that second thoughts are not an innocent device in our daily life, but is human wisdom that plays an important role in resolving problems such as social dilemmas. We design a simple mechanism to achieve Pareto efficiency in social dilemmas, and then compare the performance of...
Persistent link: https://www.econbiz.de/10011268614
This study clarifies the types of motives that are important as a source of cooperation in a linear public goods experiment. Our experimental design separates the contributions due to confusion, one-shot motives (which includes altruism, warm-glow, inequality aversion, and conditional...
Persistent link: https://www.econbiz.de/10011206987
Given the substantial evidence of behavioral heterogeneity in social dilemma experiments, in this study we consider how to achieve cooperation in n-player prisoner's dilemma situations where each player has one behavioral type, either selfish or conditionally cooperative. We introduce a...
Persistent link: https://www.econbiz.de/10011188087
Consider a situation where players in a prisoner's dilemma game can approve or reject the other's choice such as cooperation or defection. If both players approve the other's choice, the outcome is the one they chose, whereas if either one rejects the other's choice, the outcome is the one when...
Persistent link: https://www.econbiz.de/10011188088
We propose the minimum approval mechanism (MAM) for a standard linear public good environment with two players. Players simultaneously and privately choose their contributions to the public good in the first stage. In the second stage, they simultaneously decide whether to approve the otherfs...
Persistent link: https://www.econbiz.de/10010815177
We propose the minimum approval mechanism (MAM) for a standard linear public good environment with two players. Players simultaneously and privately choose their contributions to the public good in the first stage. In the second stage, they simultaneously decide whether to approve the otherʼs...
Persistent link: https://www.econbiz.de/10011049764