GoBs are goods for which agents have non-monotonic preferences: more is beneficial only up to an ideal level, beyond which additional quantities become undesirable. We analyze public GoBs (non-excludable and non-rival) through a theoretical framework applicable to diverse contexts such as solar...

Technological innovation is a key strategy for tackling environmental problems. The required R&D expenditures however are substantial and fall on self-interested countries. Thus, the prospects of successful innovation critically depend on innovation incentives. This paper focuses on a specific...

We introduce hierarchical decision-making in a repeated public goods experiment where representatives decide on contributions and punishment not only on their behalf, but also on behalf of their team members. We confirm the established finding that punishment reverses the slide towards the zero...

The provision of global public goods, such as climate change mitigation and managing fisheries to avoid overharvesting, requires the coordination of national contributions. The contributions are managed by elected governments who, in turn, are subject to public pressure on the matter. In an...

We introduce hierarchical decision-making in a repeated public goods experiment where representatives decide on contributions and punishment not only on their behalf, but also on behalf of their team members. We confirm the established finding that punishment reverses the slide towards the zero...