Abstract
We compare standard (laboratory) and non-standard (field) subject pool behavior in an extensive form public goods game with random punishment. Our experimental investigation is motivated by real-world ‘Activists’ encouraging public goods provision by firms; an activity known as corporate social responsibility. We find that relative to laboratory subjects, activists in Mumbai are more willing to settle at the Nash equilibrium of the game (which entails increased provision of public goods) and are more willing to punish non-cooperative firm behavior even if such punishments hurt their own payoffs.
Original language | English (US) |
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Pages (from-to) | 533-553 |
Number of pages | 21 |
Journal | Eurasian Economic Review |
Volume | 10 |
Issue number | 3 |
DOIs | |
State | Published - Sep 1 2020 |
Keywords
- Non-standard subject pool
- Public goods
- Punishment
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)