Social Preferences and Public Economics: Are good laws a substitute for good citizens?
AbstractLaws and policies designed to harness self-regarding preferences to public ends may fail when they compromise the beneficial effects of pro-social preferences. Experimental evidence indicates that incentives that appeal to self interest may reduce the salience of intrinsic motivation, reciprocity, and other civic motives. Motivational crowding in also occurs. The evidence for these processes is reviewed and a model of optimal explicit incentives is presented.
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Bibliographic InfoPaper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 496.
Date of creation: Jan 2007
Date of revision:
Social preferences; implementation theory; incentive contracts; incomplete contracts; framing; behavioral experiments; motivational crowding out; ethical norms; constitutions;
Find related papers by JEL classification:
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
- D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
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- Rodriguez-Sickert, Carlos & Guzmán, Ricardo Andrés & Cárdenas, Juan Camilo, 2008.
"Institutions influence preferences: Evidence from a common pool resource experiment,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 67(1), pages 215-227, July.
- Carlos Rodríguez-Sickert & Ricardo Andrés Guzmán & Juan Camilo Cárdenas, 2006. "Institutions Influence Preferences: Evidence From A Common Pool Resource Experiment," DOCUMENTOS CEDE 002890, UNIVERSIDAD DE LOS ANDES-CEDE.
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