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One individual and three collective punishment rules in a public good setting are analyzed. Evidence and explanations for differences between the rules concerning punishment intensity, contribution, profit levels, and justice are presented. Influences crucial to participants’ support for...
Persistent link: https://www.econbiz.de/10011136132
We study a society of agents where individual incentives conflict with collective ones and thus individual utility maximization leads to inefficient outcomes. We assume that there is no functioning central institution which can control individual behavior. Instead, we analyze a system of what we...
Persistent link: https://www.econbiz.de/10011091336
We experimentally investigate cooperation in privileged groups which according to Olson (1965) are groups in which at … opportunities, heterogeneity crucially affects cooperation and coordination within groups. Compared to non-privileged groups …
Persistent link: https://www.econbiz.de/10010562390
In public good provision, privileged groups enjoy the advantage that some of its members find it optimal to supply a positive amount of the public good. However, their inherent asymmetric nature may make the enforcement of cooperative behavior through informal sanctioning harder to accomplish....
Persistent link: https://www.econbiz.de/10005761712
cooperation and sanctioning', 2007, <I>KritV - Kritische Vierteljahresschrift fur Gesetzgebung und Rechtswissenschaft</I>, 90, 1 …, and whether they can increase the cooperation level of individuals in the group. …
Persistent link: https://www.econbiz.de/10011256917
Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions in alternative punishment networks. Our results show that...
Persistent link: https://www.econbiz.de/10010890961
This paper studies monitoring and punishment behavior by second and third parties in a cooperation experiment with … endogenous information structures: Players are uninformed whether the target player cooperated or defected at the cooperation … to increasingly weaker incentives for cooperation relative to second party punishment as monitoring costs rise. In …
Persistent link: https://www.econbiz.de/10010895506