Investing in institutions for cooperation
نویسندگان
چکیده
منابع مشابه
Investing for Growth and Poverty Reduction: Institutions and People
I am delighted to have this opportunity to return to Pakistan. I visited this country often in the 1980s, and found it to be a place of enormous possibility. At that time, the macroeconomic aggregates suggested that Pakistan was doing well. The economy had grown strongly throughout the 1960s and 1970s, with growth rates averaging 6.8 percent in the 1960s and 4.5 percent in the 1970s. And even f...
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Formal and informal institutions, such as laws and social norms, are pervasive in daily life. They help maintain cooperation by coordinating and constraining individuals’ behaviors. However, our understanding of the comparative benefits and the endogenous emergence of institutions remains limited. Here, we study the emergence and performance of sanctioning institutions in a public goods context...
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Please send questions and/or remarks of non-scientific nature to [email protected].
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Social dilemmas have long been studied formally as cooperation games that pit individual gains against those of the group. In the real world, individuals face an ecology of games where they play many such games simultaneously, often with overlapping co-players. Here, we study an agent-based model of an ecology of public goods games and compare the effectiveness of two institutional mechanisms f...
متن کاملSustaining cooperation in social dilemmas: Comparison of centralized punishment institutions
From the vast amount of research on the public goods game experiment, it became a shared wisdom that a costly punishment of one to others is an effective mechanism to reduce free riders.1 In earlier works of Yamagishi (1986, 1988), a Novel prized work of Ostrom, Walker and Gardner (1992), and seminal works of Fehr and Gächter (2000, 2002), a drastic increase in the average contribution to the p...
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ژورنال
عنوان ژورنال: Journal of the Economic Science Association
سال: 2017
ISSN: 2199-6776,2199-6784
DOI: 10.1007/s40881-017-0033-2