Artikel

Pledges of commitment and cooperation in partnerships

We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously-formed partnerships facing a social dilemma. Treatments vary in terms of the individual's: (1) opportunity to commit to their partner; (2) the cost of dissolving committed partnerships; and (3) the distribution of these dissolution costs between partners. Our findings show that pledges of commitment alone can increase cooperation and welfare in committed partnerships. The introduction of relatively large and equally split costs yields similar gains. In contrast, when costs to dissolve committed partnerships fall solely on the individual choosing to break up, pledges of commitment fail to improve cooperation and welfare.

Sprache
Englisch

Erschienen in
Journal: Games ; ISSN: 2073-4336 ; Volume: 7 ; Year: 2016 ; Issue: 1 ; Pages: 1-16 ; Basel: MDPI

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Group Behavior
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Public Goods
Thema
commitment
cooperation
endogenous group formation
experiment

Ereignis
Geistige Schöpfung
(wer)
Deer, Lachlan
Bayer, Ralph-C.
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2016

DOI
doi:10.3390/g7010004
Handle
Letzte Aktualisierung
20.09.2024, 08:23 MESZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Deer, Lachlan
  • Bayer, Ralph-C.
  • MDPI

Entstanden

  • 2016

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