Back to Search Start Over

Responsibility to Punish: Discouraging Free-Riders in Public Goods Games.

Authors :
Devlin-Foltz, Zack
Lim, Katherine
Source :
Atlantic Economic Journal; Dec2008, Vol. 36 Issue 4, p505-518, 14p, 3 Charts, 3 Graphs
Publication Year :
2008

Abstract

This study employs a public goods game in which participants can punish each other for free-riding. This paper examines the motivation for punishment behavior when the situation is such that a rational individual will not punish. This paper predicts and finds evidence for the punishment of free-ridership, even when not punishing is the profit-maximizing strategy. Specifically, this paper finds participants will punish more when designated the sole punisher for a group, than when all group members are allowed to punish. This result implies that those individuals who punish for non-rational reasons often free-ride on each others’ punishment. Accordingly, the study suggests individual responsibility is important for ensuring the strength of institutions aimed at punishing selfish behavior. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01974254
Volume :
36
Issue :
4
Database :
Complementary Index
Journal :
Atlantic Economic Journal
Publication Type :
Academic Journal
Accession number :
34940389
Full Text :
https://doi.org/10.1007/s11293-008-9117-y