Browsing by Subject "experimental economics"
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Item The Effect of Punishing "Over-Contributors" on Overall Welfare: Some Experimental Evidence(2015-07) Biesanz, ZacharyA public goods environment was constructed to simulate a dilemma in which corporate managers choose between acts of corporate social responsibility and acts of profitability. An experiment was conducted to determine the effect of a penalty for contributing above a specific level. The penalty has significant effects, encouraging free riding and suppressing contributions at all levels, even though most contributions would not have triggered the penalty.