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in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the …
Persistent link: https://www.econbiz.de/10012011030
different voting schemes to determine the terms of the agreement. To this end, unanimity, qualified majority voting, and simple … majority voting are compared with respect to the resulting pollution abatement level and social welfare. At first sight in line … with theoretical predictions, the experiment shows that the change of the voting scheme implemented in an IEA does not …
Persistent link: https://www.econbiz.de/10008694111
experiments with simulations to investigate the performance of two negotiation design features to address this failure: The Paris …
Persistent link: https://www.econbiz.de/10015211854
We experimentally test a theoretically promising amendment to the ratchet-up mechanism of the Paris Agreement. The ratchet-up mechanism prescribes that parties' commitments to the global response to climate change cannot decrease over time and our results confirm that its effect is detrimental....
Persistent link: https://www.econbiz.de/10013464275
We investigate how burden sharing rules may impact the voluntary provision of a public good which generates heterogeneous benefits to agents. We compare different rule-based contribution schemes that are based on the principle of the smallest common denominator: all agents can suggest a minimum...
Persistent link: https://www.econbiz.de/10010308952
We present a simple two-steps procedure for a within-subject test of the inequity aversion model of Fehr and Schmidt (1999). In the first step, subjects played modified ultimatum and dictator games and were classified according to their preferences. In the second step, subjects with specific...
Persistent link: https://www.econbiz.de/10010297914
We present a simple two-steps procedure for a within-subject test of the inequity aversion model of Fehr and Schmidt (1999). In the first step, subjects played modified ultimatum and dictator games and were classified according to their preferences. In the second step, subjects with specific...
Persistent link: https://www.econbiz.de/10010297936
This paper investigates in how far equity preferences may matter for climate negotiations. For this purposes we conducted a simple experiment with people who have been involved in international climate policy. The experiment, which was run via the Internet, consisted of two simple non-strategic...
Persistent link: https://www.econbiz.de/10010297962
In this paper, we analyse if individual inequality aversion measured with simple experimental games depends on whether the monetary endowment in these games is either a windfall gain ("house money") or a reward for a certain effort-related performance. Moreover, we analyse whether the way of...
Persistent link: https://www.econbiz.de/10010299932
The provision of public goods often relies on voluntary contributions and cooperation. While most of the experimental literature focuses on individual contributions, many real-world problems involve the formation of institutions among subgroups (coalitions) of players. International agreements...
Persistent link: https://www.econbiz.de/10010300513