Voting, Punishment, and Public goods.

Researchers have found that voting can help increase voluntary contributions to a public good—provided enforcement through a third party. Not all collective agreements, however, guarantee third-party enforcement. We design an experiment to explore whether a voting rule with and without endogenous pu...

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Publicado en:Economic Inquiry Vol. 45; no. 3; pp. 557 - 571
Autores principales: Kroll, Stephan, Cherry, Todd L., Shogren, Jason F.
Formato: Artículo
Publicado: Wiley-Blackwell July 2007
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Voting, Punishment, and Public goods.
      aug:
        au:
          Kroll, Stephan
          Cherry, Todd L.
          Shogren, Jason F.
      su:
        Mathematical models of consumption
        Public goods
        Punishment
        Voting
        Mathematical models
      sug:
        subj:
          Mathematical models of consumption
          Public goods
          Punishment
          Voting
          Mathematical models
      ab: Researchers have found that voting can help increase voluntary contributions to a public good—provided enforcement through a third party. Not all collective agreements, however, guarantee third-party enforcement. We design an experiment to explore whether a voting rule with and without endogenous punishment increases contributions to a public good. Our results suggest that voting by itself does not increase cooperation, but if voters can punish violators, contributions increase significantly. While costly punishment increases contributions at the price of lower efficiency, overall efficiency for a voting-with-punishment rule still exceeds the level observed for a voting-without-punishment rule. (JEL C92, D72, H41) Reprinted by permission of the publisher.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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