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This chapter discusses the cooperation in voluntary contributions mechanism (VCM) experiments. The chapter presents various experiments using a new method for collecting data from voluntary contributions mechanism environments. The main virtue of the design is that it makes it possible to...
Persistent link: https://www.econbiz.de/10014023560
In an election, protest voters signal their discontent with the party they traditionally support in different ways. This paper examines a specific form of protest voting in which voters choose an anti-mainstream party over their true first preference, the mainstream party, as a way to signal...
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In economic environments, decision-makers may strategically delay irreversible investments to learn from the actions of others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in investment timings. Players choose when to invest in a...
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In economic environments, decision-makers can strategically delay irreversible investments to learn from the actions of others. This creates free-riding incentives and can lead to socially suboptimal outcomes. We experimentally examine if and how communication mitigates this free-riding problem...
Persistent link: https://www.econbiz.de/10014321806
The formation of social ties is examined in an experimental study of voluntary public good provision. The experimental design consists of three parts. In the first part the value orientation (attitude to a generalized other) is measured. In the second part couples play a multi-period public good...
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