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We opted for a two-stage design: each participant made one contribution decision in the IPD or PD, and then in the following round participants were allowed to punish group members.
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12 Such measures may help make contribution decisions more informed, while leaving to individual choice the decision whether to contribute to organizations that spend large amounts on salaries and administrative expenses.
The problem was that ExxonMobil made almost all of its contribution decisions on the mathematical analysis of the key vote system.
In a series of experiments, we randomly vary the cost of reducing the earnings of other group members following voluntary contribution decisions.
In response to PETA's proposal, the Jockey Club issued a statement: "We continually explore and review programs and initiatives that could potentially enhance the welfare of retired thoroughbreds, but it is not the role of the Jockey Club to mandate specific courses of action for owners when it comes to making contribution decisions for retraining and retirement programs".
This study provides a formal model of individual contribution decisions under a modern variant of the historical tontine mechanism that is easily implemented by private charities.
It's a growing corporate trend to push contribution decisions into employee's hands, and many companies will match your gift dollar-for-dollar.
Subjects made their contribution decisions simultaneously.
Afterwards, they were shown the contribution decisions of each of their (anonymous and non-gender identified) group members.
Further details on the distribution of money dependent on contribution decisions in both groups can be found in the methods section of this paper.
Table 4 Second research results Research topics Scientific contributions Decision-making 42 Validation of real options theory 30 Criticize real options approach 4 Portfolio selection and management 33 Valuation of asset/project/investment 92 Analysis of the risk 20 201.
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