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CO2 emission reduction : real public good provision by large groups in the laboratory

Citation Link: https://doi.org/10.15480/882.4730
Publikationstyp
Journal Article
Publikationsdatum
2022-08
Sprache
English
Author
Weimann, Joachim 
Brosig-Koch, Jeannette 
Heinrich, Timo orcid-logo
Hennig-Schmidt, Heike 
Keser, Claudia 
Institut
Digital Economics W-5 
DOI
10.15480/882.4730
TORE-URI
http://hdl.handle.net/11420/13320
Lizenz
http://rightsstatements.org/vocab/InC/1.0/
Enthalten in
Journal of economic behavior & organization 
Volume
200
Issue
August 2022
Start Page
1076
End Page
1089
Citation
Journal of Economic Behavior and Organization 200: 1076-1089 (2022-08)
Publisher DOI
10.1016/j.jebo.2022.06.027
Scopus ID
2-s2.0-85134685157
Publisher
Elsevier
Peer Reviewed
true
Public good experiments are usually conducted in the laboratory using the voluntary contribution mechanism (VCM). We use a real public good (CO2 emission rights) with comparatively large groups (up to 60 subjects) and compare the results with corresponding experiments based on the VCM. Our treatment variations include group size and the feedback that subjects receive after each round. Our data reveal that, in contrast to the VCM, subjects dealing with a real public good relate their decisions to those of their group members in the lab only in the first rounds and do not change their contributions thereafter. These observations suggest that, when faced with a real public good, subjects use the whole group, including “players” outside the lab, as a main reference point. In this way, contributions made to the real public good in the lab tend to depend on the salience of mutual cooperation benefits existing outside the lab. Our findings help to understand the transferability of previous laboratory research on the VCM to real public good provision.
Schlagworte
Public good
Large groups
Real Public Good (RPG)
Voluntary Contribution Mechanism (VCM)
CO2 emission reduction
Salience
DDC Class
004: Informatik
330: Wirtschaft
550: Geowissenschaften
600: Technik
620: Ingenieurwissenschaften
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