In this paper we argue
In this Linsitinib paper, we argue that economic experiments can provide insights that complement other research methods. In experiments, factors such as heterogeneity in wealth can be exogenously manipulated, and their effect on outcomes can be identified. Our study is closely related to the economic experiment of Fehr et al. (2008), who found that joint ownership may be more efficient than individual ownership. We modify their experiment to investigate how variations in wealth may impact behavior under two different models of joint ownership. In the first model participants\' profits depend on the total amount invested. In the second model, additional returns are sarcomeres realized from one\'s own investment. Our paper demonstrates how economic experiments can contribute to the analysis of internal governance in cooperative enterprises. In the next section, we introduce the experimental design and procedures. We then present the results, which are discussed in the final section.
2. The experiment