College of Fine Arts, Humanities and Social Sciences
Permanent URI for this community
Browse
Browsing College of Fine Arts, Humanities and Social Sciences by Subject "Inequality; Common-Pool Resources; Cooperation; Peer Punishment"
Now showing 1 - 1 of 1
Results Per Page
Sort Options
Item "Inequality and Peer Punishment in a Common-pool Resource Experiment"(Working Paper, 2020-03) De Geest, Lawrence R.; Kingsley, David C.We test the effect of inequality on peer punishment in a common-pool resource (CPR) experiment with equal endowments (Equal) or unequal endowments (Unequal). Peer punishment reduces extractions in both treatments, but it is more effective in Unequal. Subjects with lower endowments coordinated around an Equal Earnings norm, subjects with higher endowments matched, and peer punishment tightened this coordinate-and-match dynamic. By contrast, there was less coordination in Equal, and as a result, more peer punishment and lower payoffs.