Showing 1 - 10 of 246
This paper uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and nonbinding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Each group...
Persistent link: https://www.econbiz.de/10009444453
Observed choices in Social Dilemma Games usually take the form of bounded integers. We propose a doubly-truncated count data framework to process such data. We compare this framework to past approaches based on ordered outcomes and truncated continuous densities using Bayesian estimation and...
Persistent link: https://www.econbiz.de/10005426912
A main research focus in many Social Dilemma Games is the suitability of external institutional treatments in inducing socially optimal outcomes. It is likely that participating subjects exhibit unobserved heterogeneity in their reaction to these treatments. This type of “institutional...
Persistent link: https://www.econbiz.de/10010856245
We examine individual harvesters’ preferences for government enforcement of a quota imposed on the exploitation of a common pool resource. We develop a model of Nash behavior by identical risk neutral harvesters to explain individual equilibrium preferences for enforcement of an efficient...
Persistent link: https://www.econbiz.de/10010856249
We examine individual harvesters' preferences for government enforcement of a quota imposed on the exploitation of a common pool resource. We develop a model of Nash behavior by identical risk neutral harvesters to explain individual equilibrium preferences for enforcement of an efficient...
Persistent link: https://www.econbiz.de/10011043788
Laboratory and field experiments have grown significantly in prominence over the past decade. The experimental method provides randomization in key variables therefore permitting a deeper understanding of important economic phenomena. This path-breaking volume provides a valuable collection of...
Persistent link: https://www.econbiz.de/10011177857
This paper develops and tests several models of pure Nash strategies of individuals who extract from a common pool resource when they are motivated by a combination of self-interest and preferences for altruism, reciprocity, inequity aversion, or conformity. Using data from experiments conducted...
Persistent link: https://www.econbiz.de/10005005823
With data from framed common pool resource experiments conducted with artisanal fishing communities in Colombia, we estimate a hierarchical linear model to investigate within-group and between-group variation in individual harvest strategies across several institutions. Our results suggest that...
Persistent link: https://www.econbiz.de/10005687112
This paper uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and nonbinding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Each group...
Persistent link: https://www.econbiz.de/10005687117
This article uses experimental data to test for a complementary relationship between formal regulations imposed on a community to conserve a local natural resource and non-binding verbal agreements to do the same. Our experiments were conducted in the field in three regions of Colombia. Our...
Persistent link: https://www.econbiz.de/10008852049