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The existence of punishment opportunities has been shown to cause efficiency in public goods experiments to increase …
Persistent link: https://www.econbiz.de/10010851350
In this study, we examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the MPCR is held constant despite the coordination problems...
Persistent link: https://www.econbiz.de/10009351412
Donors often rely on local intermediaries to deliver benefits to target beneficiaries. Each selected recipient observes if the intermediary under-delivers to them, so they serve as natural monitors. However, they may withhold complaints when feeling unentitled or grateful to the intermediary for...
Persistent link: https://www.econbiz.de/10010851320