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Monetary theorists have advanced an intriguing notion: we exchange money to make up for a lack of enforcement, when it is difficult to monitor and sanction opportunistic behaviors. We demonstrate that, in fact, monetary equilibrium cannot generally be sustained when monitoring and punishment...
Persistent link: https://www.econbiz.de/10010226612
We analyze cooperation within a company setting in order to study the relationship between cooperative attitudes and … online experiment. We observe high levels of cooperation and the typical conditional contribution patterns in a modified …, sustained levels of cooperation in our company setting relate to non-financial values of cooperation rather than solely to …
Persistent link: https://www.econbiz.de/10012228706
Studies of cooperation in infinitely repeated matching games focus on homogeneous economies, where full cooperation is …
Persistent link: https://www.econbiz.de/10011584447
Persistent link: https://www.econbiz.de/10012207476
We analyze cooperation within a company setting in order to study the relationship between cooperative attitudes and … online experiment. We observe high levels of cooperation and the typical conditional contribution patterns in a modified …, sustained levels of cooperation in our company setting relate to non-financial values of cooperation rather than solely to …
Persistent link: https://www.econbiz.de/10012195932
Persistent link: https://www.econbiz.de/10011758565
We analyze cooperation within a company setting in order to study the relationship between cooperative attitudes and … online experiment. We observe high levels of cooperation and the typical conditional contribution patterns in a modified …, sustained levels of cooperation in our company setting relate to non-financial values of cooperation rather than solely to …
Persistent link: https://www.econbiz.de/10012236842
norms on cooperation. We find that under the signaling mechanism, less cooperative players disguise themselves in the rule …-following game, but this does not decrease cooperation overall. More importantly, the signaling mechanism has a heterogeneous effect … on cooperation in rule-following and rule-breaking groups: It increases cooperation in rule-following groups but …
Persistent link: https://www.econbiz.de/10014519368
Under what conditions can cooperation be sustained in a network of strangers? Here we study the role of institutions … possible, including full intertemporal cooperation supported by a social norm based on community punishment of defectors. We … coordination on intertemporal cooperation in ways that networks of strangers were unable to achieve through social norms. …
Persistent link: https://www.econbiz.de/10011735015
We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and …. The application of sanctions activates a virtuous emotional circle that accompanies cooperation. Emotionally aroused … punished, and increase their subsequent level of cooperation. The outcome is an increased level of contribution that becomes …
Persistent link: https://www.econbiz.de/10010278702