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Cooperation can be induced by an authority with the power to mete out sanctions for free riders, but law enforcement is prone to error. This paper experimentally analyzes preferences for and consequences of errors in formal sanctions against free riders in a public goods game. With type I...
Persistent link: https://www.econbiz.de/10011085473
We investigate the endogenous formation of sanctioning institutions supposed to improve efficiency in the voluntary provision of public goods. Our paper parallels Markussen et al. (Rev Econ Stud 81:301–324, <CitationRef CitationID="CR24">2014</CitationRef>) in that our experimental subjects vote over formal versus informal sanctions, but...</citationref>
Persistent link: https://www.econbiz.de/10011241969
Some people have a concern for a fair distribution of incomes while others do not. Does such a concern matter for majority voting on redistribution? Fairness preferences are relevant for redistribution outcomes only if fair-minded voters are pivotal. Pivotality, in turn, depends on the structure...
Persistent link: https://www.econbiz.de/10009145185
Mounting evidence shows that there is heterogeneity in aversion to inequality, i.e. that some people have a concern for a fair distribution. Does such a concern matter for majority voting on redistribution? Fairness preferences are relevant for redistribution outcomes only if fair voters are...
Persistent link: https://www.econbiz.de/10009145765
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/10009325734
cooperation behavior and we provide evidence on the microfoundation of this relation. We run a large-scale public goods experiment …
Persistent link: https://www.econbiz.de/10009325735
account of the fact that response time might be affected by the decision-maker's cognitive ability and swiftness. The … experiment was conducted with a large and heterogeneous sample recruited from the general population in Denmark. We find a …
Persistent link: https://www.econbiz.de/10010764825
account of the fact that response time might be aected by the decision-maker's cognitive ability and swiftness. The experiment …
Persistent link: https://www.econbiz.de/10010765656
population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … suggest that cognitive ability is related to random decision making rather than to risk preferences. …
Persistent link: https://www.econbiz.de/10010722846
We study risk taking on behalf of others,both with and without potential losses. A large-scale incentivized experiment … is conducted with subjects randomly drawn from the Danish population. On average, decision makers take the same risks for …
Persistent link: https://www.econbiz.de/10010722849