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Viac informácií o knihe Experiments on the Fragility of Cooperation and Mechanisms to Overcome this Problem

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Anotácia knihy

In experimental economics cooperation is frequently modeled by a so-called public-good design. This design tries to depict the problem that cooperation is benefi cial for every participant but that there are individual incentives to free-ride, i.e., to invest no personal effort to increase the common welfare. In public-good experiments cooperation usually breaks down due to imperfect conditional cooperation if measures like sanction possibilities, reputation-building or communication are absent. We contribute to the literature in a number of ways. For example we introduce a new dynamic public-good design to analyze whether subjects behave differently when they do not receive new resources in a multiperiod public-good design. We further provide a monitoring mechanism that mitigates the free-riding problem, in the fi rst study with a linear and in a second study with a non-linear production function. However, the costly implementation of the monitoring in itself represents either a (second-level) step-level public-good or a second-level linear public-good in the latter case. Finally we introduce a limit on punishment.

Parametre knihy

• Celý názov: Experiments on the Fragility of Cooperation and Mechanisms to Overcome this Problem
• Autor: Stefan Große
• Jazyk: Angličtina
• Väzba: Brožovaná
• Počet strán: 140
• EAN: 9783869558172
• ISBN: 3869558172
• ID: 12738747
• Nakladateľ: Cuvillier Verlag
• Hmotnosť: 384 g
• Rozmery: 297 × 210 × 7 mm
• Dátum vydania: 15. July 2011

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