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"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...
Persistent link: https://www.econbiz.de/10009468335
Subsequently published as:"Incorporating Motivational Heterogeneity into Game Theoretic Models of Collective Action." Public Choice, 117, 2003, 295-315."Understanding cooperation in the context of social dilemma games is fundamental to understanding how alternative institutional arrangements may...
Persistent link: https://www.econbiz.de/10009468400
Renegotiation is a common practice in procurement auctions which allows for post-auction price adjustments and is nominally intended to deal with the problem that sellers might underestimate the eventual costs of a project during the auction. Using a combination of theory and experiments, we...
Persistent link: https://www.econbiz.de/10015238888
In recent years, a growing number of studies have researchers opting to use "real" effort designs for laboratory experiments where subjects complete an actual task to exert effort rather than using what is perhaps a more traditional design of stylized effort where subjects simply choose an...
Persistent link: https://www.econbiz.de/10015250055