Showing 1 - 10 of 488
experiment and altruism largely explains why people give. …
Persistent link: https://www.econbiz.de/10010951254
Laboratory experiments have been used extensively in economics in the past several decades to lend both positive and normative insights into a myriad of important economic issues. This study discusses a related approach that has increasingly grown in prominence of late--field experiments. I...
Persistent link: https://www.econbiz.de/10005084551
coalitions in different institutions and compares those to a voluntary contribution mechanism. The experiment confirms the rather … smallest common denominator being binding. The experiment thereby shows that the acceptance of institutions depends on how …
Persistent link: https://www.econbiz.de/10008634661
The literature on voluntary provision of public goods includes recent theoretical work on the formation of voluntary coalitions to provide public goods. Theory is ambiguous on the equilibrium coalition size and contribution rates. We examine the emergence of coalitions, their size, and how...
Persistent link: https://www.econbiz.de/10008622350
We present and experimentally test a mechanism that provides a simple, natural, low cost, and realistic solution to the problem of compliance with socially determined efficient actions, such as contributing to a public good. We note that small self-governing organizations often place enforcement...
Persistent link: https://www.econbiz.de/10009019669
This paper compares two methods to encourage socially optimal provision of a public good. We compare the efficacy of vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the "hired gun" mechanism, to deter free riding and improve group welfare....
Persistent link: https://www.econbiz.de/10009019694
-good experiment. The rules differ by (1) whether an individual can receive a proportional rebate of excess contributions, a winner …
Persistent link: https://www.econbiz.de/10005723108
laboratory experiment. Our findings support the main comparative-static predictions of the model but also suggest that, when …
Persistent link: https://www.econbiz.de/10001693096
This paper investigates why subjects in laboratory experiments on quantity precommitment games consistently choose capacities above the Cournot level - the subgame-perfect equilibrium. We argue that this puzzling regularity may be attributed to players' perceptions of their opponents' skill or...
Persistent link: https://www.econbiz.de/10001913808
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707