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来源类型Working Paper
规范类型报告
DOI10.3386/w17033
来源IDWorking 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
URLhttps://www.nber.org/papers/w17033
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/574706
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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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