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We investigate the effects of the availability of resources that can be expended in conflict on conflict intensity. We run a between-subjects Tullock contest in which we vary the contest budget from Low to Medium to High, while keeping the Nash equilibrium bid the same. We find an 'inverted...
Persistent link: https://www.econbiz.de/10011201870
The ability to cooperate in collective action problems ・such as those relating to the use of common property resources or the provision of local public goods ・is a key determinant of economic performance. In this paper we discuss two aspects of collective action problems in developing...
Persistent link: https://www.econbiz.de/10005785143
Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions in alternative punishment networks. Our results show that...
Persistent link: https://www.econbiz.de/10010890961