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type="main" xml:id="ecca12073-abs-0001" <p>This paper reports experimental evidence on the voluntary formation of coalitions to provide a public good. Participation and commitment in a coalition are either exogenously imposed or endogenously determined by the players themselves. We find larger...</p>
Persistent link: https://www.econbiz.de/10011038579
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/10008634661
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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. We then examine whether the way of...
Persistent link: https://www.econbiz.de/10010988961
In this article we use laboratory experiments to investigate (i) consumer acceptance of genetically modified (GM) foods in Germany, (ii) the effect of neutral information on consumer acceptance, and (iii) the existence and the extent of a hypothetical bias. Participants in our sample generally...
Persistent link: https://www.econbiz.de/10005005411
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Given the scarcity of resources, an economic approach is necessary in order to determine an optimal strategy of adaptation to climate change. In this paper we develop an economic framework for the study of adaptation which allows distinguishing between decentralised adaptation by private agents,...
Persistent link: https://www.econbiz.de/10008671494
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