With crowdfunding, an entrepreneur raises external financing from a large audience (the “crowd”), in which each individual provides a very small amount, instead of soliciting a small …
M Milinski, RD Sommerfeld… - Proceedings of the …, 2008 - National Acad Sciences
Will a group of people reach a collective target through individual contributions when everyone suffers individually if the target is missed? This “collective-risk social dilemma” …
Over the last few decades behavioral economics has revolutionized the discipline. It has done so by putting the human back into economics, by recognizing that people sometimes …
We design a field experiment to test two theories of fund-raising for threshold public goods: Andreoni predicts that publicly announced “seed money” will increase charitable donations …
I The title is an allusion to Grant Gilmore's book The Death of Contract (1974). For a listing of other articles and essays that have used variations on Professor Gilmore's title, see Robert …
Past field validity tests of contingent valuation have relied on voluntary contribution mechanisms to elicit actual willingness to pay, and may overestimate hypothetical bias …
Impersonal cooperation among strangers enables societies to create valuable public goods, such as infrastructure, public services, and democracy. Several factors have been proposed …
Home assistant chat-bots, self-driving cars, drones or automated negotiation systems are some of the several examples of autonomous (artificial) agents that have pervaded our …
This study designs a natural field experiment linked to a controlled laboratory experiment to examine the effectiveness of matching gifts and challenge gifts, two popular strategies used …