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Group size, coordination, and the effectiveness of punishment in the voluntary contributions mechanism : an experimental investigation
Xu, Bin; Cadsby, Charles Bram; Fan, Liangcong; Song, Fei - In: Games 4 (2013) 1, pp. 89-105
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 marginal per capita return (MPCR), i.e. the return to each participant from...
Persistent link: https://www.econbiz.de/10009754878
Cover Image
Group size, coordination, and the effectiveness of punishment in the voluntary contributions mechanism: An experimental investigation
Xu, Bin; Cadsby, C. Bram; Fan, Liangcong; Song, Fei - In: Games 4 (2013) 1, pp. 89-105
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 marginal per capita return (MPCR), i.e. the return to each participant from...
Persistent link: https://www.econbiz.de/10010369359
Cover Image
<span>Group Size, Coordination, and the Effectiveness of Punishment in the Voluntary Contributions Mechanism: An Experimental Investigation</span>
Xu, Bin; Cadsby, C. Bram; Fan, Liangcong; Song, Fei - In: Games 4 (2013) 1, pp. 89-105
<span>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 marginal per capita return (MPCR), <i>i.e.</i> the return to each participant from...</span>
Persistent link: https://www.econbiz.de/10011030520