The effect of ambiguity in strategic environments: an experiment

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The effect of ambiguity in strategic environments: an experiment

Author(s): Brañas Garza, Pablo; Cabrales Goitia, Antonio; Espinosa, M. A.; Jorrat, D.
Issued date: 2022-09-23
xmlui.dri2xhtml.METS-1.0.item-contributor-funder: European Commission
Ministerio de Economía y Competitividad (España)
Sponsor: We gratefully acknowledge the financial help of the European Union’s Horizon 2020 research and innovation programme under the Marie Sklodowska-Curie grant agree- ment No 891124; MINECO-FEDER (PID2021-126892NB-I00, PID2019-108718GB-I00); Basque Government IT1461-22
Project: info:eu-repo/grantAgreement/EC/H2020/891124
Gobierno de España. PID2021-126892NB-I00
Gobierno de España. PID2019-108718GB-I00
Keywords: Ambiguity , Uncertainty , Public goods , Climate change , Contributions
URI: http://hdl.handle.net/10016/35965
Rights: Atribución 3.0 España
Atribución 3.0 España

Abstract:

We experimentally study a game in which success requires a sufficient total contribution by members of a group. There are significant uncertainties surrounding the chance and the total effort required for success. A theoretical model with max-min preferences t [+]

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