Securing property rights: A dilemma experiment in Austria, Mexico, Mongolia, South Korea and the United States
Abstract
Secure property rights result from a combination of public enforcement, private protective measures, and voluntary norm-compliance. We conduct a laboratory experiment to study how culture interacts with institutions in shaping individuals' behaviors and group outcomes in a property rights dilemma. The experiment is conducted in five countries: Austria, Mexico, Mongolia, South Korea and the United States. We find that the security of property...
Paper Details
Title
Securing property rights: A dilemma experiment in Austria, Mexico, Mongolia, South Korea and the United States
Published Date
Nov 1, 2016
Journal
Volume
143
Pages
115 - 124
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