Intragroup competition in public good games: The role of relative performance incentives and risk attitudes
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Otros documentos de la autoría: Colasante, Annarita; García-Gallego, Aurora; Georgantzis, Nikolaos; MORONE, ANDREA; Temerario, Tiziana
Metadatos
Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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INVESTIGACIONMetadatos
Título
Intragroup competition in public good games: The role of relative performance incentives and risk attitudesAutoría
Fecha de publicación
2019-03-27Editor
WileyCita bibliográfica
COLASANTE, Annarita, et al. Intragroup competition in public good games: The role of relative performance incentives and risk attitudes. Journal of Public Economic Theory, 2019.Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
https://onlinelibrary.wiley.com/doi/full/10.1111/jpet.12369Versión
info:eu-repo/semantics/acceptedVersionPalabras clave / Materias
Resumen
We analyze a public good game (PGG) with intragroup competition in which, generally but not always, the dominant strategy is to not contribute; therefore, free riding is the unique Nash equilibrium, not achieving ... [+]
We analyze a public good game (PGG) with intragroup competition in which, generally but not always, the dominant strategy is to not contribute; therefore, free riding is the unique Nash equilibrium, not achieving Pareto efficiency. We propose a PGG setup where subjects' contributions are rewarded with different individual returns following a rank‐order voluntary contribution mechanism. It is found that the resulting competition for a better return significantly increases contributions. This effect is sensitive to the salience of return differences rewarding higher contributions. Furthermore, the positive effect of return differences on contribution levels depends on an individual's return‐to‐risk sensitivity as elicited through an independent risk elicitation task. [-]
Proyecto de investigación
Universitat Jaume I (Grant UJI‐B2018‐76) ; Ministerio de Economía y Competitividad (Spain) (Grant ECO2015‐68469‐R)Derechos de acceso
© 2019 Wiley Periodicals, Inc.
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