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vary. The experiment implements two marginal return types, low and high, and uses the information that members have about … the heterogeneity to identify the applied contribution norm. If agents are aware of the heterogeneity, contributions … aware of the heterogeneity but contributions cannot be linked to types. Our results underline the importance of the …
Persistent link: https://www.econbiz.de/10013128231
We experimentally analyze whether the opportunity to receive a permanent contract motivates temporary group members in a public good setting and how this affects the other group members. We compare an exogenous and an endogenous decision mechanism to extend the temporary agent's group...
Persistent link: https://www.econbiz.de/10012864860
result and to show how certain information can prevent such an error …
Persistent link: https://www.econbiz.de/10012989189
simple bargaining context. Further, our results suggest that disparagement of group norms by members of the in-group (acting …
Persistent link: https://www.econbiz.de/10013317232
When a deficit occurs in the funding of collective goods, it is usually covered by raising the amount of taxes or by rationing the supply of the goods. This article compares the efficiency of these institutions. We report the results of a 2x2 experiment based on a game in the first stage of...
Persistent link: https://www.econbiz.de/10012776015
We adopt the collective approach to consumer behavior with egoistic agents, and assume that the household consumption is either private or public. We then show that (i) household demands have to satisfy testable constraints and (ii) some elements of the decision process can be retrieved from...
Persistent link: https://www.econbiz.de/10012778470
This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We show that the optimal allocation depends on technological factors, the parties' valuations of the goods produced, and the degree of impurity of these goods. When the degree of...
Persistent link: https://www.econbiz.de/10012780020
We test if cooperation is promoted by rank-order competition between groups in which all groups can be ranked first, i.e. when everyone can be a winner. This type of rank-order competition has the advantage that it can eliminate the negative externality a group's performance imposes on other...
Persistent link: https://www.econbiz.de/10012756159
Social impact bonds (SIBs) are an innovative financing mechanism for public goods. In a SIB, an investor provides capital to a service provider for a social intervention. The investor receives a return based on the outcome of the intervention relative to a predetermined benchmark. We describe...
Persistent link: https://www.econbiz.de/10012829219
The balance between the right to privacy and the right to freedom of information is altered when scientific research …
Persistent link: https://www.econbiz.de/10012945220