The ratchet effect in social dilemmas
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DOI: 10.1016/j.jebo.2021.03.022
Abstract: Abstract In this paper, we investigate whether dynamic incentive schemes lead to a ratchet effect in a social dilemma. We test whether subjects strategically restrict their contribution levels at the beginning of a cumulative public… read more here.
Keywords: contribution levels; ratchet effect; incentive schemes; effect ... See more keywords