Combining Monetary and Social Sanctions to Promote Cooperation
12 Pages Posted: 5 Jun 2006
Abstract
We employ an experimental approach to consider the impact of a combination of formal and informal sanctions on contribution levels for a specific type of public good. We find that when both sanctions are available, contributions and overall welfare are higher than when only one of the two sanctioning systems is available. The availability of an array of sanctions of varying severity appears to enhance welfare. (JEL C92)
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
The Effect of Rewards and Sanctions in Provision of Public Goods
By Martin Sefton, Robert Shupp, ...
-
The Effect of Rewards and Sanctions in Provision of Public Goods
By Martin Sefton, Robert Shupp, ...
-
Driving Forces Behind Informal Sanctions
By Armin Falk, Ernst Fehr, ...
-
Driving Forces of Informal Sanctions
By Armin Falk, Ernst Fehr, ...
-
Punishing Free-Riders: How Group Size Affects Mutual Monitoring and the Provision of Public Goods
-
Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments
By Urs Fischbacher and Simon Gaechter
-
The Carrot or the Stick: Rewards, Punishments and Cooperation
By James Andreoni, William T. Harbaugh, ...