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productivity. Nevertheless, only a minority of sessions converge to this system, indicating a tendency for the voting process to …
Persistent link: https://www.econbiz.de/10010276039
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/10010500436
. We report results from lab experiments focused on such information-collection processes. We consider decisions governed … by individuals and groups and compare how voting rules affect outcomes. We also contrast static information collection …
Persistent link: https://www.econbiz.de/10012799768
Is there a link between public debt and wealth inequality? Could government bondholders use intra-generational redistribution strategically to make the repayment of debt politically viable? Using a two-generations game-theoretic model, we identify coordination and divide-and-conquer as key...
Persistent link: https://www.econbiz.de/10011555517
current paper develops a voting model where citizens are uncertain about the welfare effects induced by alternative policy … groups in order to influence the public opinion. In the case of voting over the level of a productivity-enhancing public bad …
Persistent link: https://www.econbiz.de/10010272713
exogenously or arises endogenously through voting. Our results show that the presence of an institution in one game generally …
Persistent link: https://www.econbiz.de/10011698671
In this paper we examine the potential of democratic constitutions for the provision of divisible public goods in a large economy. Our main insights are as follows: When aggregate shocks are absent, the combination of the following rules yields first-best allocations: a supermajority rule, equal...
Persistent link: https://www.econbiz.de/10010266097
Corruption is the great disease of government. It undermines the efficiency of the public sector in many countries around the world. We experimentally study civic engagement (CE) as a constraint on corruption when incentives are stacked against providing CE. We show that CE is powerful in...
Persistent link: https://www.econbiz.de/10015211323
This study investigates the effects of unfair enforcement of institutional rules on public good contributions, personal and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce rule compliance compared to fair institutions. However,...
Persistent link: https://www.econbiz.de/10014377565
Negative Emissions Technologies (NETs) — a range of methods to remove carbon dioxide from the atmosphere— are a crucial innovation in meeting temperature targets set by international climate agreements. However, mechanisms which undo the adverse consequences of short-sighted actions (as...
Persistent link: https://www.econbiz.de/10014534353