THE EFFECT OF REWARDS AND SANCTIONS IN PROVISION OF PUBLIC GOODS
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...
Paper Details
Title
THE EFFECT OF REWARDS AND SANCTIONS IN PROVISION OF PUBLIC GOODS
Published Date
Oct 1, 2007
Journal
Volume
45
Issue
4
Pages
671 - 690
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Notes
History