The DOI matches its Crossref record; 48 of the 48 references it cites were found in a registry or an index.
Institution Formation in Public Goods Games
Open accessAbstract
Sanctioning institutions are of utmost importance for overcoming free-riding tendencies and enforcing outcomes that maximize group welfare in social dilemma situations. We investigate, theoretically and experimentally, the endogenous formation of institutions in public goods provision. Our theoretical analysis shows that players may form sanctioning institutions in equilibrium, including those governing only a subset of players. The experiment confirms that institutions are formed and that it positively affects cooperation and group welfare. However, the data also shows that success is not guaranteed. Players are unwilling to implement equilibrium institutions in which some players have the opportunity to free ride. Our results emphasize the role of fairness in the institution formation process. (JEL C72, D02, H41)
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A Theory of Fairness, Competition, and Cooperation
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Altruistic punishment in humans
Fehr, E., & Gächter, S. (2002) · Nature · doi:10.1038/415137a · Cited by 5,616
ERC: A Theory of Equity, Reciprocity, and Competition
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Incorporating Fairness into Game Theory and Economics
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Cooperation and Punishment in Public Goods Experiments
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Understanding Social Preferences with Simple Tests
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Fairness and retaliation: the economics of reciprocity
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Are people conditionally cooperative? Evidence from a public goods experiment
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Cited by
Sustaining cooperation in laboratory public goods experiments: a selective survey of the literature
Chaudhuri, A. (2011) · Experimental Economics · doi:10.1007/s10683-010-9257-1 · Cited by 1,445
Social learning promotes institutions for governing the commons
Sigmund, K., De Silva, H., Traulsen, A., & Hauert, C. (2010) · Nature · doi:10.1038/nature09203 · Cited by 580
Hilbe, C., Traulsen, A., Röhl, T., & Milinski, M. (2014) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.1315273111 · Cited by 90
The choice of institutions to solve cooperation problems: a survey of experimental research
Dannenberg, A., & Gallier, C. (2020) · Experimental Economics · doi:10.1007/s10683-019-09629-8 · Cited by 75
Metadata
- Authors
- Kosfeld, M., Okada, A., & Riedl, A.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2009-08-01
- Volume
- 99
- Issue
- 4
- Pages
- 1335-1355
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2129752902
- Cited by
- 373
- References
- 48
- FWCI
- 56.53
- Type
- journal article
- Language
- en
- Open access
- green
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