Pledge-and-review in the laboratory

B-Tier
Journal: Games and Economic Behavior
Year: 2021
Volume: 130
Issue: C
Pages: 179-195

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We perform a laboratory test of Pledge-and-Review bargaining, implementing a simplified version of the model analysed in Harstad (2021a). In theory, this institution should increase contributions to a public good only if there is uncertainty over the value of possible future payoffs. In contrast, we find that Pledge-and-Review increases efficiency in all the settings we investigate, and that the improvement is most persistent in our setting without uncertainty. Our results suggest that the Pledge-and-Review institution may be useful, even without uncertainty, as it allows conditional cooperators to test, risk free, the cooperativeness of their partners.

Technical Details

RePEc Handle
repec:eee:gamebe:v:130:y:2021:i:c:p:179-195
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25