Reciprocity and exclusion in informal financial institutions: An experimental study of rotating savings and credit associations.
Group cooperation is fundamental to human society. The public goods game is often used to describe the difficulty of group cooperation. However, there are other structures of institutions to maintain group cooperation such as Rotating savings and credit associations (ROSCAs). ROSCAs are informal fin...
Main Authors: | Shimpei Koike, Mayuko Nakamaru, Tokinao Otaka, Hajime Shimao, Ken-Ichi Shimomura, Takehiko Yamato |
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Format: | Article |
Language: | English |
Published: |
Public Library of Science (PLoS)
2018-01-01
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Series: | PLoS ONE |
Online Access: | http://europepmc.org/articles/PMC6114866?pdf=render |
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