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Monitoring and punishment networks in a common-pool resource dilemma: experimental evidence

Shreedhar, Ganga, Tavoni, Alessandro and Marchiori, Carmen (2018) Monitoring and punishment networks in a common-pool resource dilemma: experimental evidence. Working Paper (327). Grantham Research Institute on Climate Change and the Environment, The Centre for Climate Change Economics and Policy, London, UK.

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Abstract

In an experimental study, we explore how imperfect monitoring and punishment network architectures impacts cooperation, punishment and beliefs, in a non-linear common pool resource appropriation dilemma. We find that complete networks (with perfect monitoring and punishment), are the least efficient due to higher punishment, relative to incomplete networks. In addition, high appropriators are sanctioned in all networks, but well-connected and undirected networks elicit higher anti-social punishment. Lastly, although subject’s underestimate other’s appropriation in all networks, the difference between beliefs and other’s appropriation declines with time. This decline occurs faster in complete networks, relative to incomplete but connected networks.

Item Type: Monograph (Working Paper)
Official URL: http://www.lse.ac.uk/GranthamInstitute/publication...
Additional Information: © 2018 The Authors
Divisions: Psychological and Behavioural Science
JEL classification: Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q5 - Environmental Economics > Q57 - Ecological Economics: Ecosystem Services; Biodiversity Conservation; Bioeconomics
D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search; Learning; Information and Knowledge; Communication; Belief
D - Microeconomics > D6 - Welfare Economics > D62 - Externalities
D - Microeconomics > D7 - Analysis of Collective Decision-Making > D70 - General
C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C91 - Laboratory, Individual Behavior
C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C92 - Laboratory, Group Behavior
Date Deposited: 30 Oct 2019 13:12
Last Modified: 07 Sep 2020 23:07
URI: http://eprints.lse.ac.uk/id/eprint/102218

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