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We experimentally explore public good production levels, and the endogenous formation of network structures to facilitate output sharing, among agents with heterogeneous production costs or valuations. Results corroborate the key theoretical insights of Kinateder & Merlino (2017) characterizing...
Persistent link: https://www.econbiz.de/10014246768
We consider the class of linear voluntary contribution games under the general assumption of heterogeneous endowments. In this context, we assess the performance of the Galbraith Mechanism (GM) relative to a fixed equal sharing allocation in both theory and experiments. Three main empirical...
Persistent link: https://www.econbiz.de/10014076619
Persistent link: https://www.econbiz.de/10013402785
Policies offering material incentives for Covid-19 vaccination have been widely used around the world as countries pursue the pressing objective of boosting immunity. This paper reports an experiment in China aimed at testing the effects of such interventions on vaccination willingness. We...
Persistent link: https://www.econbiz.de/10013389372
We consider the class of linear voluntary contribution games under the general assumption of heterogeneous endowments. In this context, we assess the performance of the Galbraith Mechanism (GM) relative to a fixed equal sharing allocation in both theory and experiments. Three main empirical...
Persistent link: https://www.econbiz.de/10013389400
Classic "unravelling" theory holds that buyers should treat with maximal scepticism sellers who withhold verifiable information relating to their quality, as buyers infer from such non-disclosure that the seller possesses the lowest possible quality. This study is the first to use a natural...
Persistent link: https://www.econbiz.de/10013475155
Persistent link: https://www.econbiz.de/10014317176
We experimentally explore public good production levels, and the endogenous formation of network structures to facilitate output sharing, among agents with heterogeneous production costs or valuations. Results corroborate the key theoretical insights of Kinateder & Merlino (2017) characterizing...
Persistent link: https://www.econbiz.de/10014357988
Persistent link: https://www.econbiz.de/10014338052
Persistent link: https://www.econbiz.de/10014480844