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We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...
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We use a change in the voting procedures of one of the two chambers of the Swiss parliament to explore how transparency …
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The impact of transparency on the extent of reciprocal behavior is investigated in a simple repeated gift exchange … transparent situation where efforts are revealed to the principals. However, there is no significant impact of transparency on … average effort as non-transparency leads to a stronger diversity in behavioral patterns such that at the same time the …
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