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Ethical goods are increasingly available in markets for conventional goods giving proethically motivated consumers a convenient option to contribute to public goods. In a previous experiment we explored the behavioural relevance of impure public goods in a withinsubject setting and observed...
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We investigate whether peer punishment is an efficient mechanism for enforcing cooperation in an experiment with a long time horizon. Previous evidence suggests that the costs of peer punishment can be outweighed by the benefits of higher cooperation, if (i ) there is a sufficiently long time...
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Altruistic punishment may promote cooperation, but can also lead to costly feuds. We examine how the threat of feuds a¤ects individuals' willingness to engage in altruistic punishment in a public good experiment in which the number of stages is determined by participants' actions. The design...
Persistent link: https://www.econbiz.de/10014212251
Under simple majority voting an absolute majority of voters may choose policies that are harmful to minorities. It is the purpose of sub- and super-majority rules to protect legitimate minority interests. We study how voting rules are chosen under the veil of ignorance. In our experiment,...
Persistent link: https://www.econbiz.de/10014357989
We investigate whether peer punishment is an efficient mechanism for enforcing cooperation in an experiment with a long time horizon. Previous evidence suggests that the costs of peer punishment can be outweighed by the benefits of higher cooperation, if (i) there is a sufficiently long time...
Persistent link: https://www.econbiz.de/10010343787
This paper studies public goods provision in an experiment in which contributors repeatedly interact with rent-extracting administrators. Our main result is that the presence of an administrator reduces contributions but only because rent extraction lowers the MPCR. Analysing the dynamic...
Persistent link: https://www.econbiz.de/10012927572