Journal article

Publication year: 2007

Pages: 20-36

Journal: Journal of Economic Behavior & Organization

Volume number: 62

Issue number: 1

ISSN: 0167-2681

eISSN: 1879-1751

DOI Link: https://doi.org/10.1016/j.jebo.2005.01.003

Publisher: Elsevier

Abstract: 
This paper presents an experimental study that compares the ability of human groups to escape the tragedy of the commons through institutional change or communication. Teams of five players are placed in a dynamic CPR environment with inefficient institutional settings. The results clearly show the vital importance of communication. At the same time, the groups who were allowed to replace the inefficient institutional settings by other more appropriate rules performed worse than those groups who were not given this opportunity. (c) 2005 Elsevier B.V. All rights reserved.

Harvard Citation style: Bischoff, I. (2007) Institutional choice versus communication in social dilemmas - An experimental approach, Journal of Economic Behavior & Organization, 62(1), pp. 20-36. https://doi.org/10.1016/j.jebo.2005.01.003

APA Citation style: Bischoff, I. (2007). Institutional choice versus communication in social dilemmas - An experimental approach. Journal of Economic Behavior & Organization. 62(1), 20-36. https://doi.org/10.1016/j.jebo.2005.01.003