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We experimentally study behavior in a finitely repeated coalition formation game played in real time. Subjects interact in groups of three, bargaining over the distribution of payments which occur at regular time intervals. During a given interval, payments occur if and only if a majority is in...
Persistent link: https://www.econbiz.de/10010484831
incentive to abstain from expending any effort and instead free-ride on the efforts of other members. Contest theory shows that … relative to the theory. We discuss potential explanations for such over-expenditure, including the utility of winning, bounded … support for the comparative statics predictions of the theory (with the exception of the “group size paradox”). Finally …
Persistent link: https://www.econbiz.de/10013013877
We report an experimental test of alternative rules in innovation contests when success may not be feasible and contestants may learn from each other. Following Halac et al. (forthcoming), the contest designer can vary the prize allocation rule from Winner-Take-All in which the first successful...
Persistent link: https://www.econbiz.de/10012992465
their magnitudes are smaller than social learning theory predicts …
Persistent link: https://www.econbiz.de/10013219214
The institutional and ecological structure of Hardin’s “tragedy of the commons” appears deceptively simple: the open … “tragedy of the commons” probably would not arise regardless of the pasture’s open-access status …
Persistent link: https://www.econbiz.de/10014151273
In this study, we provide causal evidence on the capacity of monetary incentives to encourage real-life local leaders managing water and land to improve their procedural fairness. We report results from incentivized decisions and surveys conducted with local leaders in rural Namibia (n=64) and...
Persistent link: https://www.econbiz.de/10014486850
We examine the effectiveness of three democratically chosen rules that alleviate the coordination and cooperation problems inherent in collectively managed common-pool resources. In particular we investigate how rule effectiveness and rule compliance depends on the prevailing local norms and...
Persistent link: https://www.econbiz.de/10009764816
We test whether a descriptive norm-nudge is a suitable policy tool to increase cooperation in a social dilemma when decisions are taken by teams, not individuals. 10 Each team in our experiment comes from a different fishing boat at Lake Victoria, Tanzania. The provision of a norm-nudge is...
Persistent link: https://www.econbiz.de/10012816792
This study examines appropriation decisions in a linear appropriation game setting with variations in the resource damage from appropriation and simultaneous variations in the resource damage and the opportunity cost of conservation, where the ratio of these two variables is held constant. In...
Persistent link: https://www.econbiz.de/10009742316
variations in a setting where probabilistic degradation of the commons is linked to group appropriation. Thus, this setting …
Persistent link: https://www.econbiz.de/10009742594