Work

The Effect of Rewards and Sanctions in Provision of Public Goods

Year: 2007

Type: article

Abstract: A growing number of field and experimental studies focus on the institutional arrangements by which individuals are able to solve collective action problems. Important in this research is the role of reciprocity and institutions that facilitate cooperation via opportunities for monitoring, sanctioning, and rewarding others. Sanctions represent a cost to both the participant imposing the sanction and the individual receiving the sanction. Rewards represent a zero‐sum transfer from participants giving to those receiving rewards. We contrast reward and sanction institutions in regard to their impact on cooperation and efficiency in the context of a public goods experiment. (JELC92)

Source: Economic Inquiry

DOI: 10.1111/j.1465-7295.2007.00051.x

Authors: MARTIN SEFTON, ROBERT SHUPP, JAMES M. WALKER

Institutions: University of Nottingham, Indiana University, Michigan State University, Indiana University Bloomington

Language: English

Topic: Experimental Behavioral Economics Studies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: green

OpenAlex ID: W2106613780

FWCI: 93.1

Cites: 53

Cited by: 649

Related to: 10