Skip to main content

Volunteer's Uncertainty Dilemma

Buy Article:

Price: $25.00 plus tax (Refund Policy)

Tragic outcomes in emergency situations are commonly attributed to free-riding incentives. We show that uncertainty about the kind of situation (risky or not) can induce tragic outcomes in emergency situations even when free-riding incentives are absent. In equilibrium, potential volunteers rely on their private signals and the anticipated behavior of others when deciding whether to help. We characterize the equilibria and describe the influence of the likelihood of danger, the signal's quality, and the number of bystanders. We also discuss how policy instruments can align the private and the social incentives to volunteer. (JEL: H23, H41)
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Keywords: social dilemma; uncertainty; volunteer's dilemma

Appeared or available online: 15 March 2018

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more