The impact of redistribution mechanisms in the vote with the wallet game: experimental results

Leonardo Becchetti, Vittorio Pelligra and Francesco Salustri

Social Choice and Welfare, 2018, vol. 51, issue 4, No 2, 595-619

Abstract: Abstract We use the vote-with-the-wallet game to model socially or environmentally responsible consumption, an increasingly relevant but still under-researched phenomenon. Based on a theoretical model outlining game equilibria and the parametric interval of the related multiplayer prisoners’ dilemma we evaluate with a controlled lab experiment players’ behaviour in the game and test the effects of an ex post redistribution mechanism between defectors and cooperators. Our findings document that the redistribution mechanism interrupts cooperation decay and stabilizes the share of cooperators at a level significantly higher, even though inferior to the Nash equilibrium.

Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://link.springer.com/10.1007/s00355-018-1130-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: The Impact of Redistribution Mechanisms in the Vote with the Wallet Game: Experimental Results (2015)
Working Paper: The Impact of Redistribution Mechanisms in the Vote with the Wallet Game: Experimental Results (2015)
Working Paper: The Impact of Redistribution Mechanisms in the Vote with the Wallet Game: Experimental Results (2015)
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:spr:sochwe:v:51:y:2018:i:4:d:10.1007_s00355-018-1130-8

Ordering information: This journal article can be ordered from
http://www.springer. ... c+theory/journal/355

DOI: 10.1007/s00355-018-1130-8

Access Statistics for this article

Social Choice and Welfare is currently edited by Bhaskar Dutta, Marc Fleurbaey, Elizabeth Maggie Penn and Clemens Puppe

More articles in Social Choice and Welfare from Springer, The Society for Social Choice and Welfare Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().