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An Experimental Study of Collective Deliberation

✍ Scribed by Jacob K. Goeree; Leeat Yariv


Book ID
111857638
Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
453 KB
Volume
79
Category
Article
ISSN
0012-9682

No coin nor oath required. For personal study only.


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We consider a leader-follower mechanism in a collective action game, which exhibits both free riding and coordination problems. Leaders can persuade group cooperation by making a costly commitment to a project. Followers can choose to follow their leaders. The project's return can be transparent to