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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17033 |
来源ID | Working Paper 17033 |
Gun For Hire: Does Delegated Enforcement Crowd out Peer Punishment in Giving to Public Goods? | |
James Andreoni; Laura K. Gee | |
发表日期 | 2011-05-05 |
出版年 | 2011 |
语种 | 英语 |
摘要 | This paper compares two methods to encourage socially optimal provision of a public good. We compare the efficacy of vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the "hired gun" mechanism, to deter free riding and improve group welfare. The "hired gun" mechanism (Andreoni and Gee, 2011) is an example of a low cost device that promotes complete compliances and minimal enforcement as the unique Nash equilibrium. We find that subjects are willing to pay to hire a delegated policing mechanism over 70% of the time, and that this mechanism increases welfare between 15% to 40%. Moreover, the lion's share of the welfare gain comes because the hired gun crowds out vigilante peer-to-peer punishments. |
主题 | Microeconomics ; Game Theory ; Econometrics ; Experimental Design ; Welfare and Collective Choice ; Public Economics ; Public Goods |
URL | https://www.nber.org/papers/w17033 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574706 |
推荐引用方式 GB/T 7714 | James Andreoni,Laura K. Gee. Gun For Hire: Does Delegated Enforcement Crowd out Peer Punishment in Giving to Public Goods?. 2011. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17033.pdf(184KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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