Markussen, Thomas
[VerfasserIn]
;
Reuben, Ernesto
[Sonstige Person, Familie und Körperschaft];
Tyran, Jean-Robert
[Sonstige Person, Familie und Körperschaft]
Erschienen in:Univ. of Copenhagen Dept. of Economics Discussion Paper ; No. 12-04
Umfang:
1 Online-Ressource (52 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.2121436
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 1, 2012 erstellt
Beschreibung:
The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular but the electoral outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is almost always adopted. If likely losers from competition have veto power, it is often not, and substantial gains in efficiency are foregone