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Recent experiments show that public goods can be provided at high levels when mutual monitoring and costly punishment are allowed. All these experiments, however, study monitoring and punishment in a setting where all agents can monitor and punish each other (i.e., in a complete network). The...
Persistent link: https://www.econbiz.de/10010278606
We ask whether conformity, copying the most observed behavior in a population, can affect free riding in a public goods situation. Our model suggests that, if free riding is sufficiently frequent at the start of a public goods game, conformity will increase the growth rate of free riding. We...
Persistent link: https://www.econbiz.de/10005417024
While many experiments demonstrate that the actual behavior is different than predicted behavior, they have not shown that economic reasoning is necessarily incorrect. Instead, these experiments illustrate that the problem with homo economicus is that his preferences have been mis-specified....
Persistent link: https://www.econbiz.de/10005636201
Many experiments have demonstrated the power of norm enforcement-peer monitoring and punishment-to maintain, or even increase, contributions in social dilemma settings, but little is known about the underlying norms that monitors use to make punishment decisions. Using a large sample of...
Persistent link: https://www.econbiz.de/10005636231
Aspiration-based evolutionary dynamics have recently been used to model the evolution of fair play in the ultimatum game showing that incredible threats to reject low offers persist in equilibrium. We focus on two extensions of this analysis: we experimentally test whether assumptions about...
Persistent link: https://www.econbiz.de/10005636242
Our experiment challenges the standard, social preference, interpretation of choices in the double blind dictator game. In our bilateral treatment both groups are endowed with $20, any fraction of which can be passed to a randomly determined player in the other group. Because both groups have...
Persistent link: https://www.econbiz.de/10005636246
Recently economists have become interested in why people who face social dilemmas in the experimental lab use the seemingly incredible threat of punishment to deter free riding. Three theories with evolvutionary microfoundations have been developed to explain punishment. We survey these theories...
Persistent link: https://www.econbiz.de/10005636248
We conduct experiments in the field with people who live in urban slums to measure trust and cooperation and to see how behavior varies with demographic factors and associational measures of social capital. Overall, we find high rates of contributions among Thai and Vietnamese participants in a...
Persistent link: https://www.econbiz.de/10005636257
The enforcement of social norms often requires that unaffected third parties sanction offenders. Given the renewed interest of economists in norms, the literature on third party punishment is surprisingly thin, however. In this paper, we report on the results of an experiment designed to...
Persistent link: https://www.econbiz.de/10005636286
We define social reciprocity as the act of demonstrating one's disapproval, at some personal cost, for the violation of widely-held norms (e.g., don't free ride). Social reciprocity differs from standard notions of reciprocity because social reciprocators intervene whenever a norm is violated...
Persistent link: https://www.econbiz.de/10005636290