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Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctioning. This experimental study investigates the effectiveness of decentralized sanctioning institutions in alternative punishment networks. Our results show...
Persistent link: https://www.econbiz.de/10011241971
This paper explores the motivations behind punishment from unaffected third parties and affected second parties using a within-subjects design in ten simple games. We apply a classification analysis and find that a parsimonious model assuming that subjects are either inequity averse or selfish...
Persistent link: https://www.econbiz.de/10011048216
We provide a systematic comparison of punishment from unaffected third parties and affected second parties using a within-subject design in ten simple games. We apply the classification analysis by El-Gamal and Grether (1995) and find that a parsimonious model assuming subjects are either...
Persistent link: https://www.econbiz.de/10014217864
Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions where punishment opportunities are restricted to agents...
Persistent link: https://www.econbiz.de/10009487797
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