Showing 1 - 10 of 48,803
/benefit ratios of the players. Our results for k=4 clearly contradict selection by Risk Dominance and Global Games. In the two …
Persistent link: https://www.econbiz.de/10011629780
Using rebate rules to facilitate public goods provision has become a common practice for many social, economic, and environmental issues. This paper explores the effect of both non-endogenous and endogenous rebate rules on threshold-public goods provision in large groups. We follow the...
Persistent link: https://www.econbiz.de/10014078778
We report results from experiments designed to investigate the prevalence of turn-taking in three-person finitely repeated threshold public good games without communication. Individuals can each make a discrete contribution. If the number of contributors is at least equal to the threshold, a...
Persistent link: https://www.econbiz.de/10012963870
laboratory experiment. By incorporating risk as an external random variable in the PGG, independent of the participants … pandemics, stock market collapses, and terror attacks, pose a risk that could undermine cooperation. We extend the public goods … actual risk constant. Our experimental results reveal that extreme risks indeed decrease contributions on average by about 20 …
Persistent link: https://www.econbiz.de/10014344520
efforts to mitigate risks for all (e.g. conservation of natural habitats by those living at wildlife boarders to reduce risk … of zoonoses), complicates collective action. We extend the experimental collective risk social dilemma to consider that … understanding the reasons for self-reliance in collective risk social dilemmas can help develop better institutions to enhance the …
Persistent link: https://www.econbiz.de/10015271363
Risk and uncertainty are an integral part of everyday human interactions. Recent literature has shown that group size …
Persistent link: https://www.econbiz.de/10012917052
This paper examines how threshold uncertainty affects cooperative behaviors in each of public goods provision and public bads prevention. The intent is mainly motivated by the following facts. First, resource and environmental problems can be either framed as public bads prevention or public...
Persistent link: https://www.econbiz.de/10014194693
Gallice and Monzón (2019) present a natural environment that sustains full cooperation in one-shot social dilemmas among a finite number of self-interested agents. They demonstrate that in a sequential public goods game, where agents lack knowledge of their position in the sequence but can...
Persistent link: https://www.econbiz.de/10015375388
Under appropriate assumptions (private values and uniform punishments), the Nash equilibria of a Bayesian repeated game without discounting are payoff-equivalent to tractable, completely revealing, equilibria and can be achieved as interim cooperative solutions of the initial Bayesian game. This...
Persistent link: https://www.econbiz.de/10010256693
In this note I give a full characterization of all deterministic direct mechanisms in the public good provision problem with independent private values that are dominant strategy incentive compatible, ex-post individually rational, and ex-post budget balanced.
Persistent link: https://www.econbiz.de/10010337703