Rodriguez-Sickert, Carlos; Guzmán, Ricardo Andrés; … - In: Journal of Economic Behavior & Organization 67 (2008) 1, pp. 215-227
We model the dynamic effects of external enforcement on the exploitation of a common pool resource. Fitting our model to experimental data we find that institutions influence social preferences. We solve two puzzles in the data: the increase and later erosion of cooperation when commoners vote...