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).
Original language | English (US) |
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Pages (from-to) | 649-660 |
Number of pages | 12 |
Journal | Economic Inquiry |
Volume | 43 |
Issue number | 3 |
DOIs | |
State | Published - Jul 2005 |
Externally published | Yes |
ASJC Scopus subject areas
- General Business, Management and Accounting
- Economics and Econometrics