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to this problem. The author also uses game theory to show how reputation can lead to cooperation in a repeated game. The …
Persistent link: https://www.econbiz.de/10014420265
making ; choice behavior ; public goods ; experimental economics ; altruism ; fairness ; conditional reciprocity …
Persistent link: https://www.econbiz.de/10008697050
to the normative and positive theory of public goods provision. First, it is a price based mechanism achieving efficient … ; Altruism ; Competitive equilibrium ; Free riding ; Public goods provision …
Persistent link: https://www.econbiz.de/10003827909
characteristics (altruism, trust, reciprocity, and cooperativeness). After further analyses, we confirmed that the wider number of …
Persistent link: https://www.econbiz.de/10011845744
Persistent link: https://www.econbiz.de/10001539027
Using the traditional model of voluntary public good provision, it is shown that an expansion of group size exacerbates free riding tendencies as long as private consumption and the public good are strictly normal and weak gross substitutes. This result generalizes a previous Cobb-Douglas...
Persistent link: https://www.econbiz.de/10011539916
We present results from a repeated public goods experiment where subjects choose by vote one of two sanctioning schemes: peer-to-peer (informal) or centralized (formal). We introduce, in some treatments, a moderate amount of noise (a 10 percent probability that a contribution is reported...
Persistent link: https://www.econbiz.de/10011708190
Many people contribute to public goods but stop doing so once they experience free riding. We test the hypothesis that groups whose members know that they are composed only of 'like-minded' cooperators are able to maintain a higher cooperation level than the most cooperative, randomly-composed...
Persistent link: https://www.econbiz.de/10014068050
Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...
Persistent link: https://www.econbiz.de/10014204142
Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...
Persistent link: https://www.econbiz.de/10013316153