Affiliation:
1. Economics Department, University of California Santa Barbara, Santa Barbara, CA 93106 (e-mail: )
Abstract
This paper studies a version of the Volunteer's Dilemma in which players sequentially observe someone in trouble and decide whether to help. Where preferences are identical, we show that if the frequency with which potential helpers appear is above some threshold, then as frequency of appearance increases, the probability that any individual stops diminishes, but the expected waiting time for help to appear is constant. Where costs of stopping differ among individuals, as the frequency of appearance increases, the expected waiting time for help to appear decreases, even though the probability that any individual stops diminishes. (JEL D62, D63, D64, H41)
Publisher
American Economic Association
Subject
General Economics, Econometrics and Finance
Cited by
9 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献