benefit a lot from having a ticket, suggesting instrumental voting. In each referendum, a majority votes in line with self …-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and …

We consider a model of common-value sequential voting in which voters are differentiated in their information. We ask … whether the intuition as in the simultaneous-voting case---voters with no information would vote so as not to influence the … outcome---would be valid to imply long voting in our sequential setting. We find that any voting outcome, including short …

decisions about the level of the public good. We derive the following results: i) Political competition is a necessary but not a … select institutions which restrict the power of politicians. iii) In conjunction with political competition, these …

the launch of the project. Examples are the Kyoto protocol, voting with different weights (shareholders, the UN with the …

interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …

situations in which the adoption of this institution is endogenously decided via majority voting to situations in which it is … punishment more strongly when the sanctioning institution is endogenously chosen. As a result, a given cooperation level can be … across the two settings as the stricter punishment implemented in the exogenous one sustains high cooperation as subjects …

Ostracism is practiced by virtually all societies around the world as a means of enforcing cooperation and excluding … contributors are excluded but also because high contributors sustain a higher cooperation level under the exclusion institution … institution is implemented. These results are largely inconsistent with standard economic theory but can be better explained by …

We study cooperation in an environment where public good providers face the decision to accept a newcomer to their … by the group members through a majority voting rule. Secondly, we target uncertainty about the behavior of the newcomer … results demonstrate a high general willingness to include newcomers, with the voting process resulting in significantly higher …

This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind … ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by … the intention underlying this action. The theory explains the relevant stylized facts of a wide range of experimental …

This paper examines whether an institution has a differing impa ct on cooperation if it is introduced by a … implemented institutions lead to m ore cooperation than iden- tical exogenous institutions. Especially the subjects who i nitially …