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To tender or not to tender? Deliberate and exogenous sunk costs in a public good game
Heine, Florian; Sefton, Martin - In: Games 9 (2018) 3, pp. 1-28
contest phase. While players in the treatment setup make a conscious decision on how much to invest in the contest, this … especially for groups on the losing side of the contest: Given the same level of sunk costs, contributions to the public good are … lower for groups which failed to be successful in the preceding between-group contest. Furthermore, this detrimental effect …
Persistent link: https://www.econbiz.de/10012227697
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Loss Aversion and Sunk Cost Sensitivity in All-pay Auctions for Charity : Theory and Experiments
Foster, Joshua - 2019
This paper theoretically and experimentally studies the role of two behavioral biases in all-pay auctions for charity. The theory is developed to predict the effect of loss aversion in the first-price all-pay auction and sunk cost sensitivity in the war of attrition. Using controlled laboratory...
Persistent link: https://www.econbiz.de/10012902237
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Public goods and voting on formal sanction schemes : an experiment
Puttermann, Louis; Tyran, Jean-Robert; Kamei, Kenju - 2010
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10011344858
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Framing and free riding : emotional responses and punishment in social dilemma games
Cubitt, Robin P. (contributor);  … - 2008
In this paper, we report an experimental investigation of the effect of framing on social preferences, as revealed in a one-shot linear public goods game. We use two indicators to measure social preferences: self-reported emotional responses; and, as a behavioural indicator of disapproval,...
Persistent link: https://www.econbiz.de/10003675323
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Error-Prone Inference from Response Time : The Case of Intuitive Generosity in Public-Good Games
Recalde, Maria P. - 2018
Previous research on public-good games revealed greater contributions by fast decision-makers than by slow decision-makers. Interpreting greater contributions as generosity, this has been seen as evidence of generosity being intuitive. We caution that fast decisions are more prone to error, and...
Persistent link: https://www.econbiz.de/10012925616
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Dishonesty as a Collective-Risk Social Dilemma
Jiang, Shuguang; Villeval, Marie Claire - 2022
We study cheating as a collective-risk social dilemma in a group setting in which individuals are asked to report their actual outcomes. Misreporting their outcomes increases the individual's earnings but when the sum of claims in the group reaches a certain threshold, a risk of collective...
Persistent link: https://www.econbiz.de/10014264957
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Existence, uniqueness, and algorithm for identifying free riders in multiple public good games : replacement function approach
Suzuki, Ken-ichi; Itaya, Jun-ichi; Yamanashi, Akitomo; … - 2018
This study shows the uniqueness of Nash equilibrium in the model of multiple voluntarily supplied public goods with potential contributors possessing different Cobb-Douglas preferences. This study provides a sufficient condition for uniqueness using graph theory. This sufficient condition allows...
Persistent link: https://www.econbiz.de/10011853293
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Efficiency in a forced contribution threshold public good game
Cartwright, Edward; Stepanova, Anna - 2015
three alternatives are based on ordinal potential, quantal response and impulse balance theory. We report an experiment …
Persistent link: https://www.econbiz.de/10010513482
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Institutional endogeneity and third-party punishment in social dilemmas
Marcin, Isabel; Robalo, Pedro; Tausch, Franziska - 2016
This paper studies experimentally how the endogeneity of sanctioning institutions affects the severity of punishment in social dilemmas. We allow individuals to vote on the introduction of third-party-administered sanctions, and compare situations in which the adoption of this institution is...
Persistent link: https://www.econbiz.de/10011455952
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Improving voluntary public good provision by a non-governmental, endogenous matching mechanism : experimental evidence
Reif, Christiane; Rübbelke, Dirk T. G.; Löschel, Andreas - 2014
-enforcement by Buchholz et al. (2014) in a laboratory experiment. Based on their theory without central authority and endogenously …
Persistent link: https://www.econbiz.de/10010416242