Showing 1 - 10 of 29
Social stratification, segregation and inequity invite concerns about fairness and social harmony. Our game-theoretic and experimental results indicate that they can also be detrimental to productivity, efficiency, and welfare. Class is defined by players’ resources, incentives to make a...
Persistent link: https://www.econbiz.de/10015214241
A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round subjects are ranked and then grouped according to their public contribution. The game has multiple...
Persistent link: https://www.econbiz.de/10015222726
A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round subjects are ranked and then grouped according to their public contribution. The game has multiple...
Persistent link: https://www.econbiz.de/10015224122
Persistent link: https://www.econbiz.de/10014306483
According to theory a pure meritocracy is efficient because individual members are competitively rewarded according to their individual contributions to society. However, purely individually based meritocracies seldom occur. We introduce a new model of social production called “team-based...
Persistent link: https://www.econbiz.de/10015260041
Persistent link: https://www.econbiz.de/10005431124
We consider embedding independent within-group conflicts for the provision of public goods in a between-group competition for an exogenously determined prize as a structural mechanism for reducing free riding. We model this situation by a multi-level collective action game in which the group<92>s...</92>
Persistent link: https://www.econbiz.de/10005062729
Private incentives to invest in a public good are modeled as self- interested reciprocity where individuals use reputational scoring rules to determine their optimal level of investment. The model predicts that the disposition of any subject to cooperate is revealed by their first period...
Persistent link: https://www.econbiz.de/10005062730
A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round subjects are ranked and then grouped according to their public contribution. The game has multiple...
Persistent link: https://www.econbiz.de/10005621227
According to theory a pure meritocracy is efficient because individual members are competitively rewarded according to their individual contributions to society. However, purely individually based meritocracies seldom occur. We introduce a new model of social production called “team-based...
Persistent link: https://www.econbiz.de/10005616844