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We investigate experimentally the effects of corrupt experts on information aggregation in committees. We find that non-experts are significantly less likely to delegate through abstention when there is a probability that experts are corrupt. Such decreased abstention when the probability of...
Persistent link: https://www.econbiz.de/10013047178
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10013149142
. 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/10014199541
Tax incentives can be more or less salient, i.e. noticeable or cognitively easy to process. Our hypothesis is that taxes on consumers are more salient to consumers than equivalent taxes on sellers because consumers underestimate the extent of tax shifting in the market. We show that tax salience...
Persistent link: https://www.econbiz.de/10014213323
It has been shown that participants in the dictator game are less willing to give money to the other participant when their choice set also includes the option to take money. We examine whether this effect is due to the choice set providing a signal about entitlements in a setting where...
Persistent link: https://www.econbiz.de/10014040327
The sanctioning of norm-violating behavior by an effective formal authority is an efficient solution for social dilemmas. It is in the self-interest of voters and is often favorably contrasted with letting citizens take punishment into their own hands. Allowing informal sanctions, by contrast,...
Persistent link: https://www.econbiz.de/10014186286