EconPapers    
Economics at your fingertips  
 

Preferences over Punishment and Reward Mechanisms in Social Dilemmas

Martin Kocher () and Dominik Matzat

Journal of Institutional and Theoretical Economics (JITE), 2016, vol. 172, issue 1, 163-194

Abstract: The existing results from literature on preferences over sanctions in social dilemmas are inconclusive. Our experimental setup allows us to study both preferences over punishment and reward mechanisms and preferences over their levels of effectiveness. We show that the voluntary contribution mechanism (VCM) with reward is the most favored and the most efficient institution, although the VCM with punishment leads to higher contributions. Subjects prefer extreme values of the sanctioning technologies, and contributions increase in the level of effectiveness. There is no difference in the voting pattern between a partner- and a stranger-matching treatment.

JEL-codes: C72 C91 C92 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
https://www.mohrsiebeck.com/en/article/preferences ... 45616x14500948554072 (text/html)
Fulltext access is included for subscribers to the printed version.

Related works:
Journal Article: Preferences over Punishment and Reward Mechanisms in Social Dilemmas (2016) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mhr:jinste:urn:sici:0932-4569(201603)172:1_163:poparm_2.0.tx_2-x

Ordering information: This journal article can be ordered from
Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany

DOI: 10.1628/093245613X14500948554072

Access Statistics for this article

Journal of Institutional and Theoretical Economics (JITE) is currently edited by Gerd Mühlheußer and Bayer, Ralph-C

More articles in Journal of Institutional and Theoretical Economics (JITE) from Mohr Siebeck, Tübingen
Bibliographic data for series maintained by Thomas Wolpert ().

 
Page updated 2022-08-01
Handle: RePEc:mhr:jinste:urn:sici:0932-4569(201603)172:1_163:poparm_2.0.tx_2-x