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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
Throughout human history, informal sanctions by peers were ubiquitous and played a key role in the enforcement of social norms and the provision of public goods. However, a considerable body of experimental evidence suggests that informal peer sanctions cause large collateral damage and...
Persistent link: https://www.econbiz.de/10011825357
Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...
Persistent link: https://www.econbiz.de/10008697050
Persistent link: https://www.econbiz.de/10003499711
This paper studies the formation of self-enforcing global environmental agreements in a world economy with international trade and two groups of countries that differ with respect to fuel demand and environmental damage. It investigates whether the signatories’ threat to embargo (potential)...
Persistent link: https://www.econbiz.de/10011281297
We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit individuals' cooperation preferences in one experiment and use them as well as subjects' elicited beliefs to explain contributions to a public good played repeatedly. We find...
Persistent link: https://www.econbiz.de/10003803507
We explore the relationship between individuals' disposition to cooperate and their inclination to engage in peer punishment as well as their relative importance for mitigating social dilemmas. Using a novel strategy-method approach we identify individual punishment patterns and link them with...
Persistent link: https://www.econbiz.de/10011587542
Traditional economic models of vaccination behavior simply assume that agents free-ride on the vaccination decisions of others. We provide three different models of private provision of a public good, such as a joint production model and a conjectural variation model, to explain how a positive...
Persistent link: https://www.econbiz.de/10011805101
We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of …
Persistent link: https://www.econbiz.de/10011444079
equilibrium, the hitherto dominant solution concept in contest theory, if and only if groups are symmetric. For asymmetric groups …
Persistent link: https://www.econbiz.de/10011409788