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In order to examine the role of non-economically measurable factors into the models of voluntary provision of public goods, Experimental Economics showed two systematic findings: (a) in early rounds of game, individual contributions are surprisingly high and increasing, but they tend to decrease...
Persistent link: https://www.econbiz.de/10005772825
The issue of the cooperation among private agents in realising collective goods has always raised problems concerning the basic nature of individual behaviour as well as the more traditional economic problems. The Computational Economics literature on public goods provision can be useful to...
Persistent link: https://www.econbiz.de/10005772826
We present a stated-preference study where values of statistical lives (VSL) are derived both as public and private goods, and we distinguish between three different death causes, heart disease, environmentally related illnesses and traffic accidents. 1000 randomly chosen individuals in Norway...
Persistent link: https://www.econbiz.de/10004979457
-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and …
Persistent link: https://www.econbiz.de/10011210405
This paper explores whether social preferences influence portfolio choices of retail investors. We use administrative investor trading records which we link to decisions of the same investors in experiments with real money at stake. We show that social preferences rather than return expectations...
Persistent link: https://www.econbiz.de/10010734875
giving to formal charities and beggars. Results suggest that both impure altruism and inequality aversion positively …
Persistent link: https://www.econbiz.de/10011004574
cooperation may be less than additive. Using a utility function embodying both reciprocity and altruism we show that unconditional … altruism attenuates the punishment motive and thus may reduce the level of punishment in?icted on defectors, resulting in lower … levels of contribution. Increases in altruism may also reduce the level of bene?ts from the public project net of …
Persistent link: https://www.econbiz.de/10010741519
Charities publicize the donations they receive, generally according to dollar categories rather than the exact amount. Donors in turn tend to give the minimum amount necessary to get into a category. These facts suggest that donors have a taste for having their donations made public. This paper...
Persistent link: https://www.econbiz.de/10005125886
cooperation may be less than additive. Using a utility function embodying both reciprocity and altruism we show that unconditional … altruism attenuates the punishment motive and thus may reduce the level of punishment inflicted on defectors, resulting in … lower levels of contribution. Increases in altruism may also reduce the level of benefits from the public project net of …
Persistent link: https://www.econbiz.de/10010594637
The current British Government's "Big Society" plan is based on the idea that granting more freedom to local communities and volunteers will compensate for a withdrawal of public agencies and spending. This idea is grounded on a widely held belief about the relationship between government and...
Persistent link: https://www.econbiz.de/10009294127