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Interrelated global crises - climate change, pandemics, loss of ecosystem services and biodiversity - pose risks that demand collective solutions. Uncertainty about others' behavior, coupled with the dependence on some to take collective efforts to mitigate risks for all (e.g. conservation of...
Persistent link: https://www.econbiz.de/10015271363
, even if punishment is costly. However, these studies focus on situations where there is no uncertainty about others …' behavior. We investigate punishment in a world with “reasonable doubt” about others' contributions. Interestingly, people … level of a setting without punishment. Our findings suggest that sufficient information accuracy about others' behavior is …
Persistent link: https://www.econbiz.de/10003952402
, even if punishment is costly. However, these studies focus on situations where there is no uncertainty about others …' behavior. We investigate punishment in a world with “reasonable doubt” about others' contributions. Interestingly, people … some non-trivial degree of noise, punishment (1) cannot maintain high contributions and (2) reduces welfare even below the …
Persistent link: https://www.econbiz.de/10008738323
, even if punishment is costly. However, these studies focus on situations where there is no uncertainty about others …' behavior. We investigate punishment in a world with “reasonable doubt” about others' contributions. Interestingly, people … level of a setting without punishment. Our findings suggest that sufficient information accuracy about others' behavior is …
Persistent link: https://www.econbiz.de/10013144995
the experiment. Moreover, the group effect on the ambiguity-generated insensitivity seems domain dependent. …
Persistent link: https://www.econbiz.de/10014431395
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was generally detrimental for the public good provision. The...
Persistent link: https://www.econbiz.de/10013118207
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was generally detrimental for the public good provision. The...
Persistent link: https://www.econbiz.de/10013112586
threshold uncertainty. -- Public good ; threshold uncertainty ; ambiguity ; experiment …
Persistent link: https://www.econbiz.de/10009374409
The rational-voter model is often criticized on the grounds that two of its central predictions (the paradox of voting and Duverger's Law) are at odds with reality. Recent theoretical advances suggest that these empirically unsound predictions might be an artifact of an (arguably unrealistic)...
Persistent link: https://www.econbiz.de/10011407608
We examine behavior in one-shot appropriation games with deterministic and probabilistic degradation externalities, where the marginal net benefit from appropriation is endogenous, dependent on individuals' expectations of group appropriation. The experimental design involves a menu of games...
Persistent link: https://www.econbiz.de/10010462744