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information is costly, which may discourage people from accessing it. We design a public goods experiment in which participants … can pay to view information about identities and contributions of group members. We compare this to a treatment in which … there is no identifiable information, and a treatment in which all contributors are identified. Our main findings are that …
Persistent link: https://www.econbiz.de/10011157025
We experimentally investigate the effect of social identification and information feedback on individual behavior in …. Identifying subjects through photo display decreases wasteful effort. Providing information feedback about others’ effort does not … improved information feedback decreases the heterogeneity of effort. …
Persistent link: https://www.econbiz.de/10011259314
We experimentally investigate the impact of recognizing contributors on public good contributions. We vary recognizing all, highest or lowest contributors. Consistent with previous studies, recognizing all contributors significantly increases contributions relative to the baseline. Recognizing...
Persistent link: https://www.econbiz.de/10011112683
-specific information in the group effort levels chosen by players in an experimental CPR game. We examine two basic treatments, one with … incomplete information and the other with complete information. In the former, subjects are informed only about their own … provision of subject-specific performance information (i.e. individual’s effort levels and payoffs) improve or worsen the …
Persistent link: https://www.econbiz.de/10008776876
communication channels influence decisions in various games and information environments and addresses possible consequences for the …
Persistent link: https://www.econbiz.de/10005621416
. The experiment uses a simple bargaining situation. A player can make a strategic move of committing to not seeing what the …
Persistent link: https://www.econbiz.de/10005622106
information on informational cascades affects overall probability of herding phenomena to occur as well as whether an incorrect …
Persistent link: https://www.econbiz.de/10005835816
Inequity aversion and reciprocity have been identified as two primary motivations underlying human decision making. However, because income and wealth inequality exist to some degree in all societies, these two key motivations can point to different decisions. In particular, when a beneficiary...
Persistent link: https://www.econbiz.de/10005836275
Using a gift exchange experiment, we show that the ability of reciprocity to overcome incentive problems inherent in principal-agent settings is greatly reduced when the agent’s effort is distorted by random shocks and transmitted imperfectly to the principal. Specifically, we find that gift...
Persistent link: https://www.econbiz.de/10011157030
We report experimental evidence on second-movers' behavior in the investment game (also known as the trust game) when there exists endowment heterogeneity. Using a within-subject analysis, we investigate whether second-movers have a tendency to be reciprocal (i.e., they return to first movers at...
Persistent link: https://www.econbiz.de/10011212781