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The achievement of collective climate targets is hampered by a large number of factors. Most obvious is the conflict between self-interest and group interest at both the intra- and intergenerational level. Several experimental studies examine the effects of factors such as wealth heterogeneity,...
Persistent link: https://www.econbiz.de/10015240358
Although humans qualify as one of the most cooperative animal species, the scale of violent intergroup conflict among them is unparalleled. Explanations of the underlying motivation to participate in an intergroup conflict, however, remain unsatisfactory. While previous research shows that...
Persistent link: https://www.econbiz.de/10015247595
Wir argumentieren und zeigen anhand einer Fallstudie, dass der Preismechanismus Pay-What-You-Want bei spezifischen öffentlichen Gütern eingesetzt werden kann. Durch die Einnahmen aus freiwilligen Zahlungen kann eine Teilfinanzierung der Erstellungskosten erfolgen. Wir grenzen Pay-What-You-Want...
Persistent link: https://www.econbiz.de/10015270627
Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that when PWYW pricing is implemented buyers do not behave selfishly in a number of cases and that some sellers are able to use PWYW to increase turnover as well as profits. In this paper we...
Persistent link: https://www.econbiz.de/10015240519
Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that a PWYW pricing mechanism is able to increase a seller’s turnover and profit. This paper addresses PWYW pricing for bundles of experience goods. The paper shows that a PWYW pricing...
Persistent link: https://www.econbiz.de/10015240885
We review a large number of empirical studies on Pay-What-You-Want (PWYW) pricing. We distinguish between laboratory experiments, field experiments, survey experiments and case studies. Based on this survey we identify the following two gaps in the recently flourishing literature on PWYW...
Persistent link: https://www.econbiz.de/10015250344
This paper introduces the Pay-What-You-Want game which represents the interaction between a buyer and a seller in a Pay-What-You-Want (PWYW) situation. The PWYW game embeds the dictator game and the trust game as subgames. This allows us to use previous experimental studies with the dictator and...
Persistent link: https://www.econbiz.de/10015253919