| Author: | Kandori, M. |
| Title: | The erosion and sustainability of norms and morale |
| Journal: | Japanese Economic Review
2003 : MAR, VOL. 54:1, p. 29-48 |
| Index terms: | Social values Game theory Individual behaviour Equality PUBLIC GOODS |
| Language: | eng |
| Abstract: | The initially high performance of a socioeconomic organization is quite often subject to gradual erosion over time. In experimental studies of the voluntary contributions to public goods, it has been repeatedly observed that contributions gradually decay over time. The paper constructs a simple model which captures such a phenomenon. |
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