Cobo-Reyes, Ramón; Jiménez, Natalia; García, Ángel … - Departamento de Teoría e Historia Económica, Facultad … - 2012
In this paper we analyze the behavior of an official who is elected democratically rather than being appointed exogenously. To this aim, we conduct an economic experiment in which officials are third party punishers in a public goods game. We consider two different scenarios which differ in the...