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each district. We analyze the Markov perfect equilibrium under different voting q-rules where q is the number of yes votes … experiment with fiveperson committees that compares three alternative voting rules: unanimity (q=5); majority (q=3); and …
Persistent link: https://www.econbiz.de/10010307744
each district. We analyze the Markov perfect equilibrium under different voting q-rules where q is the number of yes votes … experiment with fiveperson committees that compares three alternative voting rules: unanimity (q=5); majority (q=3); and …
Persistent link: https://www.econbiz.de/10009422079
We present a theoretical model of the provision of a durable public good over an infinite horizon. In each period, there is a societal endowment of which each of n districts owns a share. This endowment can either be invested in the public good or consumed. We characterize the planner's optimal...
Persistent link: https://www.econbiz.de/10008503149
-riding. However, people also obey law backed by mild sanctions if it is accepted in a referendum. We show that voting for mild law …
Persistent link: https://www.econbiz.de/10011408944
help make such rules effective include the presence of informal sanctions by peers, and implementation through voting. I … after both implemented and randomly overridden voting. I find that informal sanctions strengthen the effect of formal ones …
Persistent link: https://www.econbiz.de/10011107459
in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the …
Persistent link: https://www.econbiz.de/10012011030
in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the …
Persistent link: https://www.econbiz.de/10012111130
in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the …
Persistent link: https://www.econbiz.de/10012010446
in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the …
Persistent link: https://www.econbiz.de/10012010646
experiments with group sizes of 3 and 30 again find similar distributions of conditional preferences. The ABC approach predicts …
Persistent link: https://www.econbiz.de/10014469370