Showing 1 - 10 of 649,438
It is shown that altruism does not affect the equilibrium provision of public goods although altruism takes the form of … contributions. That is, egoists free ride on altruism. It is also shown that public goods are less likely to be provided in larger …
Persistent link: https://www.econbiz.de/10014127475
Theory commonly posits agents who care both for the level of provision of a public good and the extent to which they …
Persistent link: https://www.econbiz.de/10011898935
to the normative and positive theory of public goods provision. First, it is a price based mechanism achieving efficient … ; Altruism ; Competitive equilibrium ; Free riding ; Public goods provision …
Persistent link: https://www.econbiz.de/10003827909
making ; choice behavior ; public goods ; experimental economics ; altruism ; fairness ; conditional reciprocity …
Persistent link: https://www.econbiz.de/10008697050
Using the traditional model of voluntary public good provision, it is shown that an expansion of group size exacerbates free riding tendencies as long as private consumption and the public good are strictly normal and weak gross substitutes. This result generalizes a previous Cobb-Douglas...
Persistent link: https://www.econbiz.de/10011539916
We study the effect of group size on cooperation in voluntary contribution mechanism games. As in previous experiments, we study four- and eight-person groups in high and low marginal per capita return (MPCR) conditions. We find a positive effect of group size in the low MPCR condition, as in...
Persistent link: https://www.econbiz.de/10009772221
Many people contribute to public goods but stop doing so once they experience free riding. We test the hypothesis that groups whose members know that they are composed only of 'like-minded' cooperators are able to maintain a higher cooperation level than the most cooperative, randomly-composed...
Persistent link: https://www.econbiz.de/10014068050
to this problem. The author also uses game theory to show how reputation can lead to cooperation in a repeated game. The …
Persistent link: https://www.econbiz.de/10014420265
Persistent link: https://www.econbiz.de/10002753207
Persistent link: https://www.econbiz.de/10003361172