Social Networks as Contract Enforcement: Evidence from a Lab Experiment in the Field
通过印度34个村庄的高赌注博弈实验,研究社交网络如何替代正式制度执行非正式契约,发现社会距离近的双方即使无执行也能合作,而中心性高的伙伴能促进合作。
Lack of well-functioning formal institutions leads to reliance on social networks to enforce informal contracts. Social proximity and network centrality may affect cooperation. To assess the extent to which networks substitute for enforcement, we conducted high-stakes games across 34 Indian villages. We randomized subjects’ partners and whether contracts were enforced to estimate how partners’ relative network position differentially matters across contracting environments. While socially close pairs cooperate even without enforcement, distant pairs do not. Individuals with more central partners behave more cooperatively without enforcement. Capacity for cooperation in the absence of contract enforcement therefore depends on the subjects’ network position.