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. We test if thresholds perform better if they are endogenously chosen, i.e. if a threshold is approved in a referendum …
Persistent link: https://www.econbiz.de/10003923574
According to economists, severe legal sanctions deter violations of the law. According to legal scholars, people may obey law backed by mild sanctions because of norm-activation. We experimentally investigate the effects of mild and severe legal sanctions in the provision of public goods. The...
Persistent link: https://www.econbiz.de/10011408944
Do democratically chosen rules lead to more cooperation and, hence, higher efficiency, than imposed rules? To discuss when such a "dividend of democracy" obtains, we review experimental studies in which material incentives remain stacked against cooperation (i.e., free-riding incentives prevail)...
Persistent link: https://www.econbiz.de/10014334071