Cooperation without Punishment

Stefania Ottone and Ferruccio Ponzano ()

No 123, Working Papers from University of Milano-Bicocca, Department of Economics

Abstract: Our experiment is made by three treatments. The first one reproduces the classical public good game. The second environment represents a perfect competition market where the contribution of a representative player to the private good gives a positive rent if and only if it is not lower than the highest contribution of the other players in the group. In the third treatment we consider a winner-take-all market where we have only a winner per group. The aim is to test whether the level of cooperation is minimum under the hypothesis of perfect competition.

Pages: 24 pages
Date: 2007-10, Revised 2007-10
New Economics Papers: this item is included in nep-cbe, nep-exp, nep-gth and nep-soc
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Persistent link: https://EconPapers.repec.org/RePEc:mib:wpaper:123

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