Andreoni, James; Gee, Laura K. - In: Journal of Public Economics 96 (2012) 11, pp. 1036-1046
This paper compares two methods to encourage socially optimal provision of a public good. We compare the efficacy of vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the “hired gun” mechanism, to deter free riding and improve group...