Showing 1 - 5 of 5
We study how gradualism -- increasing required levels (""thresholds"") of contributions slowly over time rather than requiring a high level of contribution immediately -- affects individuals' decisions to contribute to a public project. Using a laboratory binary choice minimum-effort...
Persistent link: https://www.econbiz.de/10010580351
Experimental evidence suggest that people only use 1-3 iterations of strategic reasoning, and that some people systematically use less iterations than others. In this paper, we present a novel evolutionary foundation for these stylized facts. In our model, agents interact in finitely repeated...
Persistent link: https://www.econbiz.de/10011258924
Experimental evidence suggest that people only use 1-3 iterations of strategic reasoning, and that some people systematically use less iterations than others. In this paper, we present a novel evolutionary foundation for these stylized facts. In our model, agents interact in finitely repeated...
Persistent link: https://www.econbiz.de/10011259605
While folk theorems for dynamic renewable common pool resource games sustain cooperation as an equilibrium, the possibility of reverting to violence to appropriate the resource destroys the incentives to cooperate, because of the expectation of conflict when resources are sufficiently depleted....
Persistent link: https://www.econbiz.de/10011262754
We conduct experiments in urban slums to measure trust and cooperation and to see how behavior varies with demographic factors and associational measures of social capital. Overall, we find high contribution rates among Thai and Vietnamese participants in a voluntary contribution game, and we...
Persistent link: https://www.econbiz.de/10005432514