G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1838
DP1838 From Federalism, Chinese Style, to Privatization, Chinese Style
Cao Yuanzheng; Yingyi Qian; Barry Weingast
发表日期1998-03-31
出版年1998
语种英语
摘要There is strong evidence that people exploit their bargaining power in competitive markets but not in bilateral bargaining situations. There is also strong evidence that people exploit free-riding opportunities in voluntary cooperation games. Yet, when they are given the opportunity to punish free riders, stable cooperation is maintained although punishment is costly for those who punish. This paper asks whether there is a simple common principle that can explain this puzzling evidence. We show that if a fraction of the people exhibits inequality aversion the puzzles can be resolved.
主题Industrial Organization
关键词Bargaining Experimental economics Public goods Reciprocity Utility theory
URLhttps://cepr.org/publications/dp1838
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530978
推荐引用方式
GB/T 7714
Cao Yuanzheng,Yingyi Qian,Barry Weingast. DP1838 From Federalism, Chinese Style, to Privatization, Chinese Style. 1998.
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