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Private Goods, Public Goods, and Common Pools with Homo Reciprocans

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  • James C. Cox

    ()
    (Andrew Young School of Policy Studies, Georgia State University, 14 Marietta Street NW, Room 456, Atlanta, GA 30303, USA)

Abstract

Familiar inefficiencies arise with competing interests over private goods in Stackelberg and investment games. Private good experiments reveal whether reciprocity enhances cooperative outcomes. Familiar social dilemmas arise with voluntary provision of public goods and voluntary appropriation from common pools. Experiments with pairs of payoff-equivalent provision and appropriation games reveal whether reciprocity is more or less effective in ameliorating under-provision or over-appropriation. Experiments with asymmetric provision and appropriation games also yield insight into the effects of the Indian caste system on inefficiency from social dilemmas. Experiments with three types of games, with a private good, public good or common pool, provide diagnostic tests of the homo reciprocans model. doi: http://dx.doi.org/10.4284/0038-4038-79.1.1

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Bibliographic Info

Article provided by Southern Economic Association in its journal Southern Economic Journal.

Volume (Year): 79 (2012)
Issue (Month): 1 (July)
Pages: 1-14

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Handle: RePEc:sej:ancoec:v:79:1:y:2012:p:1-14

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  1. Charness, Gary B & Rabin, Matthew, 2001. "Understanding Social Preferences With Simple Tests," University of California at Santa Barbara, Economics Working Paper Series qt0dc3k4m5, Department of Economics, UC Santa Barbara.
  2. James C. Cox & Vjollca Sadiraj, 2006. "On Modeling Voluntary Contributions to Public Goods," Experimental Economics Center Working Paper Series 2006-26, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
  3. Subhasish Dugar & Haimanti Bhattacharya & David Reiley, 2012. "Can'T Buy Me Love? A Field Experiment Exploring The Trade‐Off Between Income And Caste‐Status In An Indian Matrimonial Market," Economic Inquiry, Western Economic Association International, vol. 50(2), pages 534-550, 04.
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Cited by:
  1. James Alm, 2013. "Expanding the Theory of Tax Compliance from Individual to Group Motivations," Working Papers 1309, Tulane University, Department of Economics.

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