public-good game

Publication date: 
09/2017
Authors: 
Heinrich H. Nax
Stefano Balietti
Ryan O. Murphy
Dirk Helbing

Real-world institutions dealing with social dilemma situations are based on mechanisms that are rarely implemented without flaw. Usually real-world mechanisms are noisy and imprecise, that is, which we call ‘fuzzy’. We therefore conducted a novel type of voluntary contributions experiment where we test a mechanism by varying its fuzziness. We focus on a range of fuzzy mechanisms we call ‘meritocratic matching’.

Keywords: 
inequality
efficiency
public-good game
noise
institution
meritocracy
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