COMBINING MONETARY AND SOCIAL SANCTIONS TO PROMOTE COOPERATION

CHARLES N. NOUSSAIR · Steven James Tucker

217 citations0/0 files storedEconomic Inquiry

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Experimental Behavioral Economics Studies Game Theory and Voting Systems Evolutionary Game Theory and Cooperation

Abstract

We employ an experimental approach to consider the impact of a combination of formal and informal sanctions on contribution levels for a specific type of public good. We find that when both sanctions are available, contributions and overall welfare are higher than when only one of the two sanctioning systems is available. The availability of an array of sanctions of varying severity appears to enhance welfare. (JEL C92)

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1990Foundations of social theory 2017Exchange and Power in Social Life 1965Exchange and Power in Social Life.1999A Theory of Fairness, Competition, and Cooperation 1963Social Behavior: Its Elementary Forms 2000Cooperation and Punishment in Public Goods Experiments 1962Social Behavior: Its Elementary Forms 1989Social Norms and Economic Theory

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