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dc.date.accessioned2019-12-19T06:57:19Z
dc.date.available2019-12-19T06:57:19Z
dc.date.issued2019-11-01
dc.identifierdoi:10.17170/kobra-20191218891
dc.identifier.urihttp://hdl.handle.net/123456789/11404
dc.description.sponsorshipEuropean Union (EU) Horizon 2020 program, action ERC-2014-STG, Project HUCO, grant numer 636746
dc.language.isoeng
dc.rightsUrheberrechtlich geschützt
dc.rights.urihttps://rightsstatements.org/page/InC/1.0/
dc.subjectLiterature revieweng
dc.subjectExperimentseng
dc.subjectCooperationeng
dc.subjectPublic goodseng
dc.subjectEndogenous institutional choiceeng
dc.subjectVotingeng
dc.subject.ddc330
dc.titleThe choice of institutions to solve cooperation problems: a survey of experimental researcheng
dc.typeAufsatz
dcterms.abstractA growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners’ dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they play the game. In this paper, we review the experimental literature of the last 20 years on the choice of institutions and describe what has been learned about the quality and the determinants of institutional choice. Cooperative subjects and subjects with optimistic beliefs about others often vote in favor of the institution. Almost all institutions improve cooperation if they are implemented, but they are not always implemented by the players. Institutional costs, remaining free-riding incentives, and a lack of learning opportunities are identified as the most important barriers. Unresolved cooperation problems, like global climate change, are often characterized by these barriers. The experimental results also show that cooperation tends to be higher under endogenously chosen institutions than exogenously imposed institutions. However, a significant share of players fails to implement the institution and they often perform poorly, which is why we cannot conclude that letting people choose is better than enforcing institutions from outside.eng
dcterms.accessRightsopen access
dcterms.creatorDannenberg, Astrid
dcterms.creatorGallier, Carlo
dc.relation.doidoi:10.1007/s10683-019-09629-8
dc.type.versionpublishedVersion
dcterms.source.identifierISSN 1573-6938
dcterms.source.journalExperimental Economics
dcterms.source.volume2019


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