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dc.contributor.authorHall, Phillip Jen_NZ
dc.date.available2011-04-07T03:10:00Z
dc.date.copyright2003-10en_NZ
dc.identifier.citationHall, P. J. (2003, October). ‘The carrot or the stick?’ Achieving the voluntary provision of a public good with a reward or sanction mechanism (Dissertation, Bachelor of Commerce with Honours). Retrieved from http://hdl.handle.net/10523/1187en
dc.identifier.urihttp://hdl.handle.net/10523/1187
dc.description.abstractThis study investigates the effect of compliance mechanisms on contributions to a public good fund in an experimental context. Thirty-six participants, matched by gender and trust level into nine groups of four participants, were recruited from a first year economics course. They participated in an experiment in which they were asked to contribute funds to public and private accounts. In addition, they were asked in the experimental conditions to contribute to a reward fund, a sanction fund, or both. The results of the experiment show that, while both sanctioning and rewarding mechanisms are equally effective at inducing participants to contribute to a public good fund, the presence of a reward mechanism is critical in raising participant earnings. No effect of trust was found, but evidence of differences between male and female behaviour over trials was found. The results of the study emphasise the importance of taking account of agent heterogeneity and personality factors when examining the public good problem, as well as the need for good experimental design. Future research is needed to examine the effect of reward or sanctioning level on contributions and profit. Individual and social factors also warrant further attention.en_NZ
dc.subjectcompliance mechanismsen_NZ
dc.subjectpublic good funden_NZ
dc.subjectrewarding mechanismsen_NZ
dc.subjectsanctioningen_NZ
dc.subjectagent heterogeneity,en_NZ
dc.subject.lcshHF Commerceen_NZ
dc.subject.lcshHF5601 Accountingen_NZ
dc.subject.lcshH Social Sciences (General)en_NZ
dc.subject.lcshHB Economic Theoryen_NZ
dc.title'The carrot or the stick?' Achieving the voluntary provision of a public good with a reward or sanction mechanismen_NZ
dc.typeDissertationen_NZ
dc.description.versionUnpublisheden_NZ
otago.bitstream.pages69en_NZ
otago.date.accession2006-10-06en_NZ
otago.schoolEconomicsen_NZ
thesis.degree.disciplineEconomicsen_NZ
thesis.degree.nameBachelor of Commerce with Honours
thesis.degree.grantorUniversity of Otagoen_NZ
thesis.degree.levelHonours Dissertationsen_NZ
otago.interloanyesen_NZ
otago.openaccessAbstract Only
dc.identifier.eprints411en_NZ
otago.school.eprintsEconomicsen_NZ
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