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Private Goods, Public Goods and Common Pools with Homo Reciprocans

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  • James C. Cox

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.
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  • James C. Cox, 2012. "Private Goods, Public Goods and Common Pools with Homo Reciprocans," Experimental Economics Center Working Paper Series 2012-06, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
    • Handle: RePEc:exc:wpaper:2012-06
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    File URL: http://excen.gsu.edu/workingpapers/GSU_EXCEN_WP_2012-06.pdf
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    References listed on IDEAS

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    1. Gary Charness & Matthew Rabin, 2002. "Understanding Social Preferences with Simple Tests," The Quarterly Journal of Economics, Oxford University Press, vol. 117(3), pages 817-869.
    2. James C. Cox & Vjollca Sadiraj, 2007. "On Modeling Voluntary Contributions to Public Goods," Public Finance Review, , vol. 35(2), pages 311-332, March.
    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, April.
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    Cited by:

    1. Pecorino, Paul & Van Boening, Mark, 2015. "Costly voluntary disclosure in a screening game," International Review of Law and Economics, Elsevier, vol. 44(C), pages 16-28.
    2. Silvestri, Paolo, 2015. "Anthropology of freedom and tax justice: between exchange and gift. Thoughts for an interdisciplinary research agenda," MPRA Paper 67644, University Library of Munich, Germany.
    3. James Alm, 2014. "Expanding the theory of tax compliance from individual to group motivations," Chapters,in: A Handbook of Alternative Theories of Public Economics, chapter 12, pages 260-277 Edward Elgar Publishing.

    More about this item

    JEL classification:

    • 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; Intergenerational Transfers
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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