A comparison of punishment rules in repeated public good games: An experimental study
AbstractIn this experimental study we analyse three collective and one individual punishment rule in a public good setting. We show that under all punishment rules cooperation is stronger and more sustainable than reported from settings without punishment. Moreover, we present evidence and explanations for differences between the rules concerning punishment intensity, contribution and profit levels, as well as justice. Finally, we investigate influences crucial to participants' support for a collective rule when the individual rule is the status quo. We show that beside profit differences the degree of consent required by the collective rule is essential for the degree of support by the participants. --
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Bibliographic InfoPaper provided by Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes in its series SFB 373 Discussion Papers with number 2002,71.
Date of creation: 2002
Date of revision:
cooperation; experiment; public good; free-riding; punishment institution;
Find related papers by JEL classification:
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
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