Institutions influence preferences: Evidence from a common pool resource experiment

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2008
Volume: 67
Issue: 1
Pages: 215-227

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

We model the dynamic effects of external enforcement on the exploitation of a common pool resource. Fitting our model to experimental data we find that institutions influence social preferences. We solve two puzzles in the data: the increase and later erosion of cooperation when commoners vote against the imposition of a fine, and the high deterrence power of low fines. When fines are rejected, internalization of a social norm explains the increased cooperation; violations (accidental or not), coupled with reciprocal preferences, account for the erosion. Low fines stabilize cooperation by preventing a spiral of negative reciprocation.

Technical Details

RePEc Handle
repec:eee:jeborg:v:67:y:2008:i:1:p:215-227
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25