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Entrusting the power to punish to a central authority is a hallmark of civilization. We study a collective action dilemma in which self‐interest should produce a sub‐optimal outcome absent sanctions for non‐cooperation. We then test experimentally whether subjects make the theoretically...
Persistent link: https://www.econbiz.de/10013130732
Entrusting the power to punish to a central authority is a hallmark of civilization. We study a collective action dilemma in which self-interest should produce a sub-optimal outcome absent sanctions for non-cooperation. We then test experimentally whether subjects make the theoretically optimal...
Persistent link: https://www.econbiz.de/10014186288
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10011344858
, and of gender and intelligence. -- Public good ; voluntary contribution ; formal sanction ; experiment ; penalty ; voting …
Persistent link: https://www.econbiz.de/10008688959
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10013149142
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10014199163
dilemmas. It is in the self-interest of voters and is often favorably contrasted with letting citizens take punishment into …
Persistent link: https://www.econbiz.de/10010287730
dilemmas. It is in the self-interest of voters and is often favorably contrasted with letting citizens take punishment into …
Persistent link: https://www.econbiz.de/10008836655
Due to its simplicity the plurality voting system is frequently used to choose a common representative or project. Nevertheless it may fail to provide a socially efficient decision as a majority can outvote any minority even if the majority’s gain does not compensate the loss suffered by the...
Persistent link: https://www.econbiz.de/10003720837
chosen by voting. -- Sanction ; social dilemma ; public goods ; voluntary contribution mechanism ; punishment ; experiment … dilemmas. It is in the self-interest of voters and is often favorably contrasted with letting citizens take punishment into …
Persistent link: https://www.econbiz.de/10008908902