Securing property rights: A dilemma experiment in Austria, Mexico, Mongolia, South Korea and the United States
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文摘

Experimental subjects divide endowments between production, theft, and protection.

In two treatments, endowments can be allocated to a collective protection activity.

In one of these, groups vote on whether to fund collective protection by taxation.

Achieved efficiency varies significantly among subjects in different countries.

Efficiency is higher in countries where trust and quality of governance are higher.

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