Ahn, T. K., Balafoutas, Loukas ORCID: 0000-0002-3477-5096, Batsaikhan, Mongoljin ORCID: 0000-0001-9357-2021, Campos-Ortiz, Francisco, Putterman, Louis and Sutter, Matthias ORCID: 0000-0002-6143-8706 (2016). Securing property rights: A dilemma experiment in Austria, Mexico, Mongolia, South Korea and the United States. J. Public Econ., 143. S. 115 - 125. LAUSANNE: ELSEVIER SCIENCE SA. ISSN 0047-2727

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Abstract

Secure property rights result from a combination of public enforcement, private protective measures, and voluntary norm-compliance. We conduct a laboratory experiment to study how culture interacts with institutions in shaping individuals' behaviors and group outcomes in a property rights dilemma. The experiment is conducted in five countries: Austria, Mexico, Mongolia, South Korea and the United States. We find that the security of property varies with the experimentally available institutions and country-level indicators such as trust and quality of government. Subjects from countries with higher levels of trust are more likely to abstain initially from theft, devote more resources to production and support funding public protection of property through taxation. Our findings highlight the relevance of cultural and institutional factors, and their interaction, in addressing the collective action problem of safeguarding property rights. (C) 2016 Elsevier B.V. All rights reserved.

Item Type: Journal Article
Creators:
CreatorsEmailORCIDORCID Put Code
Ahn, T. K.UNSPECIFIEDUNSPECIFIEDUNSPECIFIED
Balafoutas, LoukasUNSPECIFIEDorcid.org/0000-0002-3477-5096UNSPECIFIED
Batsaikhan, MongoljinUNSPECIFIEDorcid.org/0000-0001-9357-2021UNSPECIFIED
Campos-Ortiz, FranciscoUNSPECIFIEDUNSPECIFIEDUNSPECIFIED
Putterman, LouisUNSPECIFIEDUNSPECIFIEDUNSPECIFIED
Sutter, MatthiasUNSPECIFIEDorcid.org/0000-0002-6143-8706UNSPECIFIED
URN: urn:nbn:de:hbz:38-257860
DOI: 10.1016/j.jpubeco.2016.08.015
Journal or Publication Title: J. Public Econ.
Volume: 143
Page Range: S. 115 - 125
Date: 2016
Publisher: ELSEVIER SCIENCE SA
Place of Publication: LAUSANNE
ISSN: 0047-2727
Language: English
Faculty: Unspecified
Divisions: Unspecified
Subjects: no entry
Uncontrolled Keywords:
KeywordsLanguage
PUBLIC-GOODS EXPERIMENTS; PUNISHMENT; COOPERATION; INSTITUTIONS; PREFERENCES; SOCIETIES; DEMOCRACY; CULTURE; ANARCHY; TRUSTMultiple languages
EconomicsMultiple languages
Refereed: Yes
URI: http://kups.ub.uni-koeln.de/id/eprint/25786

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