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Research in behavioral economics suggests that in addition to their traditional incentive effects, formal control … after the controls are changed, so that the effects of current controls can be strongly influenced by past control strength …
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We review the theory of fairness as it pertains to concretely specified problems of resource allocations. We present …
Persistent link: https://www.econbiz.de/10014025187
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We provide a framework for analyzing collective action in contentious contexts such as protests or revolutions when individuals are uncertain about the relative payoffs of the status quo and revolution. We model the "calculus of protest" of individuals who must decide whether to submit to the...
Persistent link: https://www.econbiz.de/10014179302
In this study, 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 MPCR is held constant despite the coordination problems...
Persistent link: https://www.econbiz.de/10014042297
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/10014155475
We study informal insurance within communities, explicitly recognizing the possibility that subgroups of individuals may destabilize insurance arrangements among the larger group. We therefore consider self-enforcing risk-sharing agreements that are robust not only to single-person deviations...
Persistent link: https://www.econbiz.de/10014119773
Social and political inequality among individuals is a common driving force behind the breakdown in cooperation. In this paper, we theoretically and experimentally study cooperation among individuals faced with a sequence of collective-action problems in which the benefits to cooperation are...
Persistent link: https://www.econbiz.de/10014077589