Showing 1 - 10 of 18
In a public-good experiment with heterogeneous endowments, we investigate if and how the contribution level as well as the previously observed fair-share rule of equal contributions relative to one's endowment (Hofmeyr et al., 2007; Keser et al., 2014) may be influenced by minimum-contribution...
Persistent link: https://www.econbiz.de/10011183672
In this paper, we investigate in a controlled laboratory experiment physician behavior in the case of payment heterogeneity. In the experiment, each physician provides medical care to patients whose treatments are paid for either under fee-for-service (FFS) or capitation (CAP). We observe that...
Persistent link: https://www.econbiz.de/10011183703
We compare voluntary contributions to a public good in a symmetric setting to those in a weakly and a strongly asymmetric setting, where the players have different, randomly allocated endowments. We observe that the group-contribution levels are not significantly different between the symmetric...
Persistent link: https://www.econbiz.de/10011183775
Subjects submitted strategies for playing a public good game. The strategies interacted with each other in a computer simulation. They could be revised and resubmitted for a second and a third simulation round. The strategies' average contribution to the public good increased from one simulation...
Persistent link: https://www.econbiz.de/10005100527
In this experimental study we examine behavior relating to voluntary contributions to reduce expected losses associated, for example, with the occurrence of natural disasters or major industrial accidents. We ask subjects to allocate tokens between a private investment and a public investment....
Persistent link: https://www.econbiz.de/10005100545
This paper studies budget processes, both theoretically and experimentally. We give a sufficient condition for top-down and bottom-up budget processes to have the same voting equilibrium. Furthermore, at a voting equilibrium, it is not always true, as often presumed, that a top-down budget...
Persistent link: https://www.econbiz.de/10005100591
In this article we evaluate the problems that arise when it comes to the financing of public goods and services. More specifically, we consider the financing of public goods by voluntary contributions. Although economic theory predicts free riding and thus an inefficient provision of the public...
Persistent link: https://www.econbiz.de/10005100648
We present a set of experimental coordination games with a payoff-dominant and a risk-dominant Nash equilibrium. We examine how much local interaction structures affect players' strategy choices. Our three major observations are the following: First, local interaction with open neighborhoods...
Persistent link: https://www.econbiz.de/10005100934
We present an experiment where two players bargain with a third player. They can bargain either separately or form a joint venture to bargain collectively. Our theoretical benchmark solution predicts decentralized bargaining, as only one player has an interest in forming a joint venture....
Persistent link: https://www.econbiz.de/10005100948
In public goods experiments where subjects may change groups, we observe a continual flight of the more cooperative subjects away from the less cooperative ones. The less cooperative subjects attempt to enter cooperative groups in order to free-ride on their contributions. Lorsque les sujets...
Persistent link: https://www.econbiz.de/10005100958