Social preferences can make imperfect sanctions work: Evidence from a public good experiment

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2014
Volume: 108
Issue: C
Pages: 343-353

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

Sanctions are often so weak that a money maximizing individual would not be deterred. In this paper I test the hypothesis that imperfect sanctions may nonetheless serve a forward looking purpose if sufficiently many individuals are averse against advantageous inequity. Using a linear public good with centralized punishment, I find that participants increase contributions even if severity had been insufficient to deter a profit-maximizing individual. The more an individual is averse against exploiting others, the less it matters whether punishment was deterrent.

Technical Details

RePEc Handle
repec:eee:jeborg:v:108:y:2014:i:c:p:343-353
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25