Gun For Hire: Does Delegated Enforcement Crowd out Peer Punishment in Giving to Public Goods?
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This paper compares two methods to encourage socially optimal provision of a public good. We compare the efficacy of vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the "hired gun" mechanism, to deter free riding and improve group welfare. The
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美国国家经济研究局创建时间：
2011-05-01
