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cognitive distortions, as predicted by prospect theory, and that free-riding is punished with a tiny probability, we demonstrate …
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Evidence from studies in international relations, the politics of reform, collective action and price competition suggests that economic agents in social dilemma situations cooperate more to avoid losses than in the pursuit of gains. To test whether the prospect of losses can induce cooperation,...
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significant predictors of mitigation investments over the course of the experiment. …
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The thesis answers several questions concerning how people behave in an economic context if behavioral norms and rules are not obvious. In particular, it is investigated how subjects behave if other people in the role of third parties are involved or if the subjects themselves have the role of...
Persistent link: https://www.econbiz.de/10010532751
In some important multi-player situations, such as efforts to supply a global public good, players can choose the game they want to play. In this paper we conduct an experimental test of the decision to choose between a "tipping" game, in which every player wants to contribute to the public good...
Persistent link: https://www.econbiz.de/10011313553