Universität zu Köln

Guererk, Oezguer, Irlenbusch, Bernd ORCID: 0000-0002-3433-2826 and Rockenbach, Bettina ORCID: 0000-0003-2624-1964 (2014). On cooperation in open communities. J. Public Econ., 120. S. 220 - 231. LAUSANNE: ELSEVIER SCIENCE SA. ISSN 0047-2727

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Abstract

Economic interactions often take place in open communities, where agents are free to leave in order to join a more preferred community. Tiebout (1956) conjectured that voting with feet might generate considerable efficiency gains, since individuals with different preferences sort themselves into those communities that suit them most. We provide new empirical insights into Tiebout's intuition by showing that self-selection in open heterogeneous communities can significantly foster communities' success. Voting with feet improves cooperation by facilitating the right initial match between individuals and institutions and by establishing a cooperative environment that is attractive for others to join. (C) 2014 Elsevier B.V. All rights reserved.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Guererk, Oezguer UNSPECIFIED UNSPECIFIED UNSPECIFIED Irlenbusch, Bernd UNSPECIFIED orcid.org/0000-0002-3433-2826 UNSPECIFIED Rockenbach, Bettina UNSPECIFIED orcid.org/0000-0003-2624-1964 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-421184
DOI:	10.1016/j.jpubeco.2014.10.001
Journal or Publication Title:	J. Public Econ.
Volume:	120
Page Range:	S. 220 - 231
Date:	2014
Publisher:	ELSEVIER SCIENCE SA
Place of Publication:	LAUSANNE
ISSN:	0047-2727
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Center of Excellence C-SEB Faculty of Management, Economics and Social Sciences > Economics > Microeconomics, Institutions and markets > Professorship for Experimental and Behavioral Economics Faculty of Management, Economics and Social Sciences > Economics > Microeconomics, Institutions and markets > Reinhard Selten Institute
Subjects:	Economics
Uncontrolled Keywords:	Keywords Language PUBLIC-GOODS PROVISION; VOLUNTARY CONTRIBUTIONS; INSTITUTIONS; PUNISHMENT; SANCTIONS; CARROT; STICK; RECIPROCITY; REWARDS; CHOICE Multiple languages Economics Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/42118