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While poorer countries have a much smaller public sector and correspondingly a smaller tax burden than richer countries, their economic performance has not been necessarily better. This paper discusses the role that institutional quality plays in determining government’s effectiveness in...
Persistent link: https://www.econbiz.de/10012157231
The culture in the Ostroms : institutions, rules, and relational reality / Mili Kalia -- Social services as impure public goods : Ostromian lessons for their provision in contemporary welfare states / Roland Fritz -- Polycentric party governance : competition, federalism, and the production of...
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We present results from a repeated public goods experiment where subjects choose by vote one of two sanctioning schemes: peer-to-peer (informal) or centralized (formal). We introduce, in some treatments, a moderate amount of noise (a 10 percent probability that a contribution is reported...
Persistent link: https://www.econbiz.de/10011708190
Throughout human history, informal sanctions by peers were ubiquitous and played a key role in the enforcement of social norms and the provision of public goods. However, a considerable body of evidence suggests that informal peer sanctions cause large collateral damage and efficiency costs....
Persistent link: https://www.econbiz.de/10011760106
In this chapter, we review land market institutions in the European Union (EU) and their potential impact on land markets. We first review land tenure-/ownership regulations and find that they vary heavily across EU Member States. Four types of tenure-/ownership measures are implemented in the...
Persistent link: https://www.econbiz.de/10011784471
Throughout human history, informal sanctions by peers were ubiquitous and played a key role in the enforcement of social norms and the provision of public goods. However, a considerable body of evidence suggests that informal peer sanctions cause large collateral damage and efficiency costs....
Persistent link: https://www.econbiz.de/10011741750