Competition, cooperation, and collective choice
Publikation: Working paper › Forskning
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Competition, cooperation, and collective choice. / Markussen, Thomas; Reuben Paris, Ernesto Guillermo; Tyran, Jean-Robert Karl.
Department of Economics, University of Economics, 2012.Publikation: Working paper › Forskning
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TY - UNPB
T1 - Competition, cooperation, and collective choice
AU - Markussen, Thomas
AU - Reuben Paris, Ernesto Guillermo
AU - Tyran, Jean-Robert Karl
N1 - JEL Classification: D72, J33, H41
PY - 2012
Y1 - 2012
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.
KW - Faculty of Social Sciences
KW - public goods
KW - competition
KW - tournament
KW - cooperation
KW - Voting
M3 - Working paper
T3 - University of Copenhagen. Institute of Economics. Discussion Papers (Online)
BT - Competition, cooperation, and collective choice
PB - Department of Economics, University of Economics
ER -
ID: 40113623