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Persistent link: https://www.econbiz.de/10011819362
This study investigates a potential mechanism to promote coordination. With theoretical guidance using a belief-based learning model, we conduct a multi-period, binary-choice, and weakest-link laboratory coordination experiment to study the effect of gradualism - increasing the required levels...
Persistent link: https://www.econbiz.de/10012058134
Persistent link: https://www.econbiz.de/10012156569
We study how gradualism -- increasing required levels (""thresholds"") of contributions slowly over time rather than requiring a high level of contribution immediately -- affects individuals' decisions to contribute to a public project. Using a laboratory binary choice minimum-effort...
Persistent link: https://www.econbiz.de/10010580351