An individualistic approach to institution formation in public good games

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2016
Volume: 129
Issue: C
Pages: 18-36

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In a repeated public goods setting, we explore whether individuals, acting unilaterally, will provide an effective sanctioning institution. Subjects first choose independently whether they will participate in a sanctioning stage that follows a contribution stage. Only those who gave themselves the “right” to sanction can do so. We find that the effectiveness of the institution may not require provision of the institution at the level of the group. Individuals acting unilaterally are able to provide sanctioning institutions that effectively raise cooperation. The effectiveness of the institution, however, depends on whether the “right” to sanction entails a monetary cost or not.

Technical Details

RePEc Handle
repec:eee:jeborg:v:129:y:2016:i:c:p:18-36
Journal Field
Theory
Author Count
4
Added to Database
2026-01-26