Erik Wengström
Studierektor forskarutbildning, Nationalekonomiska institutionen, Professor
Risk and Cooperation : Experimental Evidence from Stochastic Public Good Games
Författare
Summary, in English
Outcomes in social dilemmas often have a stochastic component. We report experimental findings from public good games with both correlated and independent risk across players. We find that the presence of both types of risk prevents the decay of cooperation typically observed in the standard deterministic public good game. The results further suggest that it is greater relative importance of social norms or warm glow giving, rather than risk sharing opportunities that foster cooperation in our stochastic public good game.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2017-03-02
Språk
Engelska
Publikation/Tidskrift/Serie
Working Papers
Volym
2017
Issue
3
Fulltext
Dokumenttyp
Working paper
Förlag
Department of Economics, Lund University
Ämne
- Economics
Nyckelord
- risk pooling
- risk sharing
- social norms
- linear public goods game
- cooperation decay
- stable cooperation
- H41
- D03
- D80
Aktiv
Published