Partial Communication in a Voluntary‐Contribution‐Mechanism Experiment

Autor:	Shinya Kinukawa, Tatsuyoshi Saijo, Masashi Une
Rok vydání:	2000
Předmět:	Microeconomics Economics and Econometrics Turnover Return on investment Statistics Economics Investment (macroeconomics) Telecommunications network
Zdroj:	Pacific Economic Review. 5:411-428
ISSN:	1468-0106 1361-374X
DOI:	10.1111/1468-0106.00113
Popis:	This paper presents results of a voluntary-contribution-mechanism experiment with partial communication. It was found that the trend of mean investments depended on whether a communication network was connected and on how fast all subjects could share information. When each subject could communicate with two other subjects and the network was connected, the mean investment increased from 33 percent to 58 percent of the optimal investment. On the other hand, when each subject could communicate with only one other subject and the network was not connected, the mean investment decreased from 34 percent to 19 percent of the optimal investment.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::999f3a7f256496588463f8a87fa53f9c https://doi.org/10.1111/1468-0106.00113 Zobrazit plný text záznamu Plný text ve formátu PDF