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This paper reports 5 laboratory sessions that analyze the effects of group sizes in the voluntary contribution mechanism, when contribution level is either complementary or substitute. The theorical argument is that each production function provides different incentives for the agent along scale...
Persistent link: https://www.econbiz.de/10005789220
experimental subjects are willing to pay a significant premium for the voting right even though there should be no such premium in … cannot explain the size of the observed voting premium. The premium disappears in treatments where voting has no material …
Persistent link: https://www.econbiz.de/10005677946
experimental subjects are willing to pay a significant premium for the voting right even though there should be no such premium in … cannot explain the size of the observed voting premium. The premium disappears in treatments where voting has no material …
Persistent link: https://www.econbiz.de/10010263711
Is there a link between public debt and wealth inequality? Could government bondholders use intra-generational redistribution strategically to make the repayment of debt politically viable? Using a two-generations game-theoretic model, we identify coordination and divide-and-conquer as key...
Persistent link: https://www.econbiz.de/10011555517
Is there a link between public debt and wealth inequality? Could government bondholders use intra-generational redistribution strategically to make the repayment of debt politically viable? Using a two-generations game-theoretic model, we identify coordination and divide-and-conquer as key...
Persistent link: https://www.econbiz.de/10011536215
This paper studies the effects that the revelation of information on the electorate's preferences has on voters' turnout decisions. The experimental data show that closeness in the division of preferences induces a significant increase in turnout. Moreover, for closely divided electorates (and...
Persistent link: https://www.econbiz.de/10005661831
Voluntary contribution mechanism to public goods is one of the traditional types of economic experiments. The article … summarizes the results of series of experiments that have been conducted with several groups of Czech university students. Using … the threshold mechanism the impact of several factors (experience, communication and the form of experiment) on voluntary …
Persistent link: https://www.econbiz.de/10009352635
-world dimension of free riding. In a cash-in-advance economy, free riding becomes a two-stage problem, while existing experiments only … the public good and leisure is valuable. Existing experiments start with a given number of tokens for each decision …
Persistent link: https://www.econbiz.de/10010274945
Monetary incentives are often considered as a way to foster contributions to public goods in society and firms. This paper investigates experimentally the effect of monetary incentives in the presence of a norm enforcement mechanism. Norm enforcement through peer punishment has been shown to be...
Persistent link: https://www.econbiz.de/10010280907
actually deceiving anyone. The design should be suitable for most economics experiments, and works by a modification of an … deception is used and the data cohere well both internally and with other public goods experiments. In addition, simultaneous …
Persistent link: https://www.econbiz.de/10005136962