Risk in payoff-equivalent appropriation and provision games
Brock Stoddard ()
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2017, vol. 69, issue C, 78-82
Probabilistic risk is examined within appropriation and provision games. Using a menu design, subjects make decisions in multiple one-shot situations where the individual return or the group return is a random variable. Adding risk over the benefits of cooperation is found to significantly affect subjects’ decisions only in situations in the provision game type where the individual return is probabilistic. In those decision situations, cooperation increases.
Keywords: Common-pool resources; Public goods; Risk; Uncertainty; Cooperation; Laboratory experiments (search for similar items in EconPapers)
JEL-codes: D7 D8 H4 C9 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:69:y:2017:i:c:p:78-82
Access Statistics for this article
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) is currently edited by Ofer Azar
More articles in Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().