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We report and analyze the results of a series of classroom experiments on the voluntary provision of public goods. Using fixed effect panel regression models we find that cooperation significantly increases when participants are forced to guess the degree of overall cooperation. We also find...
Persistent link: https://www.econbiz.de/10010507016
This paper experimentally investigates how monetary incentives and emotions influence behaviour in a two-player power-to-take game. In this game, one player can claim any part of the other's endowment (take rate), and the second player can respond by destroying his or her own endowment. We focus...
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nothing) or the highest level of punishment (destroyeverything). (4) Expectations have a significant effect on the …
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This paper presents an experiment on a coordination game with extrinsic random signals, in which we systematically vary the stochastic process generating these signals and measure how signals affect behavior. We find that sunspot equilibria emerge naturally if there are salient public signals....
Persistent link: https://www.econbiz.de/10011596121
disappointing promisees' expectations, regardless of whether those expectations were induced by a promise (expectations per se … effect). Third, they are even more motivated to avoid disappointing promisees' expectations when those expectations were …
Persistent link: https://www.econbiz.de/10011581987