Data for: If future generations had a say: An experiment on fair sharing of a common-pool resource across generations
Description
We test how inter-generational resource sharing is affected by a veto power of later generations. More specifically, we study in an online experiment the over-use of a common-pool resource (CPR) by early generations that comes at the expense of later generations and how veto-empowerment of the later generations can be used to restrain egoistic tendencies. We compare sequential ultimatum and dictator games of various lengths and find that (1) the CPR consumption of early generations does not depend on the number of generations that follow them; (2) veto-empowerment of later generations leads to a fairer but ultimately less efficient use of the CPR across generations; (3) vetoes are used more carefully if not only previous generations are affected by the veto but also future generations that did not have access to the resource yet.