Cost asymmetry and incomplete information in a volunteer’s dilemma experiment
Abstract
We utilize a laboratory experiment to examine the effect of asymmetric costs in the volunteer’s dilemma, a public goods game where all players receive a benefit if at least one person volunteers and nothing otherwise, which presents a social dilemma where the optimal action for the individual differs from that for the group. Additionally, we introduce uncertainty to explore the role of information and find that individual behavior aligns most...
Paper Details
Title
Cost asymmetry and incomplete information in a volunteer’s dilemma experiment
Published Date
Apr 3, 2018
Journal
Volume
51
Issue
3
Pages
465 - 491
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