Showing 1 - 10 of 187
In hypothetical scenarios involving two groups (nations or groups of workers), subjects voted on three proposals: one helped group A (their group), one helped B, and one helped both groups, more than the average of the first two but less than their maximum. When subjects voted for one proposal,...
Persistent link: https://www.econbiz.de/10011136258
Risk and reliability dominate water supply discussions in the arid western United States due to increasing demand and finite, weather-dependent supply. Water markets have evolved in this region so agencies could meet this growing demand. In a few instances, water agencies turned to contractual...
Persistent link: https://www.econbiz.de/10010862732
In a best-shot public good, where the provision level is determined by the highest contribution instead of the sum of all contributions, there is potential for waste and underprovision due to coordination failure. These failures are exacerbated when agents are identical because there is no focal...
Persistent link: https://www.econbiz.de/10010866240
This paper examines the political difficulty of enacting welfare-enhancing environmental taxes. Using referenda in a market experiment with externalities, we investigate the effect of trial periods on the acceptability of two theoretically equivalent Pigouvian tax schemes. While implementing...
Persistent link: https://www.econbiz.de/10011076798
Laboratory and field experiments have grown significantly in prominence over the past decade. The experimental method provides randomization in key variables therefore permitting a deeper understanding of important economic phenomena. This path-breaking volume provides a valuable collection of...
Persistent link: https://www.econbiz.de/10011178768
Persistent link: https://www.econbiz.de/10005014986
Economists and psychologists have long argued the origin of wealth influences individual behavior. In a previous study (Cherry et al., 2005), we found the origin of endowment did not significantly affect behavior in linear public good games with summation contribution technology. In such games,...
Persistent link: https://www.econbiz.de/10005711710
Persistent link: https://www.econbiz.de/10005126834
We show in a public goods experiment on three continents that conditional cooperation is a universal behavioral regularity. Yet, the number of conditional cooperators and the extent of conditional cooperation are much higher in the United States than anywhere else.
Persistent link: https://www.econbiz.de/10005307674
Persistent link: https://www.econbiz.de/10009327359