Showing 1 - 10 of 107
This paper reports laboratory experiments designed to study the impact of public information about past departure rates on congestion levels and travel costs. Our design is based on a discrete version of Arnott et al.'s (1990) bottleneck model. In all treatments, congestion occurs and the...
Persistent link: https://www.econbiz.de/10004988012
We present the results of an experiment on voluntary contributions to a public good with a unique dominant strategy equilibrium in the interior of the strategy space. The treatment variable is the equilibrium contribution level. By increasing the equilibrium contribution level, we reduce the...
Persistent link: https://www.econbiz.de/10005711688
Persistent link: https://www.econbiz.de/10005361813
This paper provides a general framework that accounts for the decay of the average contribution observed in most experiments on voluntary contributions to a public good. Each player balances her material utility loss from contributing with her psychological utility loss of deviating from her...
Persistent link: https://www.econbiz.de/10011204306
We provide a new experimental investigation of the neutrality theorem of Warr (1983), according to which “when a single public good is provided at positive levels by private individuals, its provision is unaffected by a redistribution of income". Our experimental design differs from Chan...
Persistent link: https://www.econbiz.de/10011210789
Persistent link: https://www.econbiz.de/10012313033
Persistent link: https://www.econbiz.de/10012603791
Persistent link: https://www.econbiz.de/10014550835
Persistent link: https://www.econbiz.de/10013176692
Persistent link: https://www.econbiz.de/10013501065