Public-goods games with endogenous institution-formation: Experimental evidence on the effect of the voting rule

    研究成果: Article

    抄録

    We report experimental results on voluntary contributions to public-goods provision from situations in which parties can create institutions to impose a certain contribution level on its members. We focus on a public-goods game where the joint decisions inside the institution are made based on the plurality voting rule. We show that, comparing to the unanimity voting rule, the plurality rule results in a significant and large decrease in the institution initiation rate, along with a significant and large increase in the institution implementation rate. In the end, as the two effects cancel each other out, the choice of the voting rule does not significantly affect the average contribution level or efficiency.

    元の言語English
    記事番号52
    ジャーナルGames
    8
    発行部数4
    DOI
    出版物ステータスPublished - 2017 12 2

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    Voting
    Game
    Cancel
    Decrease
    Evidence
    Voting rules
    Experimental Results

    ASJC Scopus subject areas

    • Statistics and Probability
    • Statistics, Probability and Uncertainty
    • Applied Mathematics

    これを引用

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    title = "Public-goods games with endogenous institution-formation: Experimental evidence on the effect of the voting rule",
    abstract = "We report experimental results on voluntary contributions to public-goods provision from situations in which parties can create institutions to impose a certain contribution level on its members. We focus on a public-goods game where the joint decisions inside the institution are made based on the plurality voting rule. We show that, comparing to the unanimity voting rule, the plurality rule results in a significant and large decrease in the institution initiation rate, along with a significant and large increase in the institution implementation rate. In the end, as the two effects cancel each other out, the choice of the voting rule does not significantly affect the average contribution level or efficiency.",
    keywords = "Institution formation, Laboratory experiment, Plurality voting, Public-goods game, Unanimity voting",
    author = "Yukihiko Funaki and Jiawen Li and Veszteg, {Robert Ferenc}",
    year = "2017",
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    day = "2",
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    journal = "Games",
    issn = "2073-4336",
    publisher = "Multidisciplinary Digital Publishing Institute (MDPI)",
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    T1 - Public-goods games with endogenous institution-formation

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    AU - Funaki, Yukihiko

    AU - Li, Jiawen

    AU - Veszteg, Robert Ferenc

    PY - 2017/12/2

    Y1 - 2017/12/2

    N2 - We report experimental results on voluntary contributions to public-goods provision from situations in which parties can create institutions to impose a certain contribution level on its members. We focus on a public-goods game where the joint decisions inside the institution are made based on the plurality voting rule. We show that, comparing to the unanimity voting rule, the plurality rule results in a significant and large decrease in the institution initiation rate, along with a significant and large increase in the institution implementation rate. In the end, as the two effects cancel each other out, the choice of the voting rule does not significantly affect the average contribution level or efficiency.

    AB - We report experimental results on voluntary contributions to public-goods provision from situations in which parties can create institutions to impose a certain contribution level on its members. We focus on a public-goods game where the joint decisions inside the institution are made based on the plurality voting rule. We show that, comparing to the unanimity voting rule, the plurality rule results in a significant and large decrease in the institution initiation rate, along with a significant and large increase in the institution implementation rate. In the end, as the two effects cancel each other out, the choice of the voting rule does not significantly affect the average contribution level or efficiency.

    KW - Institution formation

    KW - Laboratory experiment

    KW - Plurality voting

    KW - Public-goods game

    KW - Unanimity voting

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