Competition, cooperation, and collective choice
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Competition, cooperation, and collective choice. / Markussen, Thomas; Reuben Paris, Ernesto Guillermo; Tyran, Jean-Robert Karl.
I: Economic Journal, Bind 124, Nr. 574, 2014, s. F163-F195.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Competition, cooperation, and collective choice
AU - Markussen, Thomas
AU - Reuben Paris, Ernesto Guillermo
AU - Tyran, Jean-Robert Karl
PY - 2014
Y1 - 2014
N2 - 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
AB - 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
U2 - 10.1111/ecoj.12096
DO - 10.1111/ecoj.12096
M3 - Journal article
VL - 124
SP - F163-F195
JO - The Economic Journal
JF - The Economic Journal
SN - 0013-0133
IS - 574
ER -
ID: 82129010