THE EFFECT OF REWARDS AND SANCTIONS IN PROVISION OF PUBLIC GOODS

@article{citeulike:2517502, 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. (JEL C92)}, author = {Sefton, Martin and Shupp, Robert and Walker, James M. }, citeulike-article-id = {2517502}, doi = {10.1111/j.1465-7295.2007.00051.x}, journal = {Economic Inquiry}, keywords = {punishment}, number = {4}, pages = {671--690}, posted-at = {2008-03-12 03:02:27}, priority = {2}, title = {THE EFFECT OF REWARDS AND SANCTIONS IN PROVISION OF PUBLIC GOODS}, url = {http://www.blackwell-synergy.com/doi/abs/10.1111/j.1465-7295.2007.00051.x}, volume = {45}, year = {2007} }

TY - JOUR ID - citeulike:2517502 L3 - citeulike-article-id:2517502 TI - THE EFFECT OF REWARDS AND SANCTIONS IN PROVISION OF PUBLIC GOODS JF - Economic Inquiry VL - 45 IS - 4 SP - 671 EP - 690 N2 - 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. (JEL C92) KW - punishment AU - Sefton, Martin AU - Shupp, Robert AU - Walker, James PY - 2007/// UR - http://www.blackwell-synergy.com/doi/abs/10.1111/j.1465-7295.2007.00051.x ER -