Arifovic, Jasmina; Ledyard, John - Department of Economics, Simon Fraser University - 2012
The data from experiments with the Voluntary Contributions Mechanism suggest five stylized facts, including the restart … does. In addition, our theory answers some open questions concerning the data on partners-strangers experiments. One … generated by our model are quantitatively similar to data from a variety of experiments, and experimenters, and are insensitive …