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This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
cooperation may be less than additive. Using a utility function embodying both reciprocity and altruism we show that unconditional … contribution costs and punishment costs. The range over which altruism inhibits cooperation and reduces material payoffs is greater … support near efficient levels of contributions to a public good. Cooperation may also be supported if altruistic individuals …
Persistent link: https://www.econbiz.de/10010594637
moral messages interact to sustain cooperation. We also investigate the mechanisms through which moral suasion operates and …
Persistent link: https://www.econbiz.de/10011056188
players to choose team remuneration in a series of laboratory experiments. This allows for high cooperation payoffs but also … provides individual free-riding incentives. Due to significant cooperation, we observe that, in team remuneration, participants …
Persistent link: https://www.econbiz.de/10009752421
Social-ecological systems are complex adaptive systems where social and biophysical agents are interacting at multiple temporal and spatial scales. The main challenge for the study of governance of social-ecological systems is improving our understanding of the conditions under which cooperative...
Persistent link: https://www.econbiz.de/10014024375
Laboratory experiments have been used extensively in economics in the past several decades to lend both positive and normative insights into a myriad of important economic issues. This study discusses a related approach that has increasingly grown in prominence of late--field experiments. I...
Persistent link: https://www.econbiz.de/10005084551
emergence of cooperation in the management of CPRs under environmental uncertainty. Benchmark predictions are derived from the …
Persistent link: https://www.econbiz.de/10011220563
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