Cagala, Tobias; Glogowsky, Ulrich; Grimm, Veronika; … - 2017
-extracting administrators. Our main result is that the presence of an administrator reduces contributions but only because rent extraction … lowers the MPCR. Analysing the dynamic interactions between the contributors and the administrator, we demonstrate that rent-extraction … effects. This explains the long-run resilience of cooperation to rent extraction. We also show that cooperative attitudes and …