Showing 1 - 10 of 97
We present the results of an experiment that explores the sanctioning behavior of individuals who experience a social … third parties, and punish low contributors, even when punishment is costly to the sanctioner. When there are five rounds of …
Persistent link: https://www.econbiz.de/10008794884
A demand for behavioral norms arises when members of a group have individual incentives to take actions that reduce the group's overall welfare (James S. Coleman, 1990). Norms require enforcement with a system of sanctions that penalize deviations from acceptable behavior (George C. Homans,...
Persistent link: https://www.econbiz.de/10009647584
punishment, so that they increase overall welfare ? We report an experiment in which players can issue non-binding threats to … their actual punishment level. We find that threats increase the level of contributions significantly. Efficiency is … punishment leads to lower threats, cooperation and welfare, restoring them to levels equal to or below the levels attained in the …
Persistent link: https://www.econbiz.de/10008790708
This paper develops a simple model to explain two stylised facts about immigration. First, some countries have a low ratio of migrants in their population, while other wealthy countries have a high number of migrants. In fact such migrants are of the same order of magnitude as their domestic...
Persistent link: https://www.econbiz.de/10010930197
The folk theorem characterizes the (subgame perfect) Nash equilibrium payoffs of an undiscounted or discounted infinitely repeated game - with fully informed, patient players - as the feasible individually rational payoffs of the one-shot game. To which extent does the result still hold when...
Persistent link: https://www.econbiz.de/10010746981
We develop an economic model of association based on voluntary contributions. Different equilibria corresponding to the different modes of formation of associations are analyzed and the results are compared with existing empirical literature. The main contribution consists in formalizing the...
Persistent link: https://www.econbiz.de/10008793444
We run a series of experiments in which subjects have to choose their level of contribution to a pure public good. Our design differs from the standard public good game with respect to the decision procedure. Instead of deciding simultaneously in each round, subjects are randomly ordered in a...
Persistent link: https://www.econbiz.de/10008793492
In this paper we study the relationship between the relative size of the U.S. nonprofit sector and population heterogeneity, at the county level, by adopting and extending the model of Alesina, Baquir and Easterly (1999). The relative size of the voluntary sector is assessed as a share of...
Persistent link: https://www.econbiz.de/10008794302
We develop an economic model of association based on voluntary contributions. Different equilibria corresponding to the different modes of formation of associations are analyzed and the results are compared with the existing empirical literature. The main contribution consists in analyzing...
Persistent link: https://www.econbiz.de/10008794348
We study the construction of a social ordering function for the case of a public good financed by contributions from the population, and we extend the analysis of Maniquet and Sprumont (2004) to the case when contributions cannot be negative, i.e. agents cannot receive subsidies from the others.
Persistent link: https://www.econbiz.de/10008794864