Irenaeus Wolff, Economics Letters, 150: 83–85, 2017
- Shows that empirically (judging by people‘s revealed preferences), there are positive-contributions equilibria far more often than we would expect, e.g., by the parameterised model of Fehr & Schmidt (1999). That re-opens the question of why contribution levels don‘t converge to these more socially-beneficial equilibria in repeated settings.
