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cooperation through two mechanisms: an entry mechanism, which leads to assortative selection of interaction partners, or an exit … that voluntary participation has a positive effect on public good provision through the exit mechanism, but we do not find …, whereas the threat of costly exit is a powerful force to discipline free-riding. …
Persistent link: https://www.econbiz.de/10010504597
high barriers to exit generated higher welfare overall as they fostered stability and prevented inefficient breakdowns in … breakdown of partnerships by studying a public good game with imperfect public monitoring and an exit option. In our experiment … was excessive exit especially because subjects over-estimated the likelihood their partner would leave. Treatments with …
Persistent link: https://www.econbiz.de/10010477122
update their beliefs about the probability of being audited, both before and after audits are definitely withdrawn. We find … that when individuals have initially experienced systematic audits, they decrease both their beliefs and their … irregular, they maintain high beliefs about the probability of being audited and continue cooperating long after audits have …
Persistent link: https://www.econbiz.de/10010239265
factors that are known to affect cooperation levels, and in so doing replicate and extend previous empirical research on … public goods problems in several important ways. We measure social preferences and concurrently elicit beliefs on the … repeated interaction. We show that when heterogeneity in people’s preferences and beliefs is taken into consideration, more …
Persistent link: https://www.econbiz.de/10012015524
We study the effects of voluntary participation on cooperation in collective action problems. Voluntary participation … may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an … exit mechanism, whereby the opportunity to leave the partnership can be used as a threat against free-riders. We examine …
Persistent link: https://www.econbiz.de/10011434271
beliefs explain cooperation - we show that cooperation is mostly driven by differences in beliefs rather than cooperative … subject pools and highlights the central role of beliefs in explaining differences in voluntary cooperation within and across …We examine the role of cooperative preferences, beliefs, and punishments to uncover potential cross …
Persistent link: https://www.econbiz.de/10014335871
beliefs explain cooperation - we show that cooperation is mostly driven by differences in beliefs rather than cooperative … subject pools and highlights the central role of beliefs in explaining differences in voluntary cooperation within and across …We examine the role of cooperative preferences, beliefs, and punishments to uncover potential cross …
Persistent link: https://www.econbiz.de/10014338895
Persistent link: https://www.econbiz.de/10014425521
Persistent link: https://www.econbiz.de/10011744284
-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
Persistent link: https://www.econbiz.de/10013252726