Private Goods, Public Goods and Common Pools with Homo Reciprocans
AbstractFamiliar 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 InfoPaper provided by Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University in its series Experimental Economics Center Working Paper Series with number 2012-06.
Date of creation: Apr 2012
Date of revision:
Other versions of this item:
- James C. Cox, 2012. "Private Goods, Public Goods, and Common Pools with Homo Reciprocans," Southern Economic Journal, Southern Economic Association, vol. 79(1), pages 1-14, July.
- C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D03 - Microeconomics - - General - - - Behavioral Microeconomics; Underlying Principles
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-23 (All new papers)
- NEP-CBE-2012-04-23 (Cognitive & Behavioural Economics)
- NEP-PBE-2012-04-23 (Public Economics)
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