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The evolution of personally disadvantageous punishment among cofoundresses of the ant Acromyrmex versicolor

Pollock, Gregory B.; Cabrales, Antonio; Rissing, Steven W. - Department of Economics and Business, Universitat … - 1998

either replace a cheater or not (punishment), under both foundress viscosity (likely for A. versicolor) and random assortment …. We find replacement superior to punishment only when there is no foraging risk and cheating is not costly to group … survival. Generally, punishment is evolutionarily superior, especially as forager risk increases, under both forms of dispersal. …

Persistent link: https://www.econbiz.de/10005772044

The donor problem

Abbink, Klaus; Ellman, Matthew - Department of Economics and Business, Universitat … - 2004

Donors often rely on local intermediaries to deliver benefits to target beneficiaries. Each selected recipient observes if the intermediary under-delivers to them, so they serve as natural monitors. However, they may withhold complaints when feeling unentitled or grateful to the intermediary for...

Persistent link: https://www.econbiz.de/10005772176

Optimal law enforcement and criminal organization

Garoupa, Nuno - Department of Economics and Business, Universitat … - 1999

In this paper, we take an organizational view of organized crime. In particular, we study the organizational consequences of product illegality attending at the following characteristics: (i) contracts are not enforceable in court, (ii) all participants are subject to the risk of being punished,...

Persistent link: https://www.econbiz.de/10005772488

Retribution in a cheap-talk experiment

Brandts, Jordi; Charness, Gary - Department of Economics and Business, Universitat … - 1999

substantially increases the punishment rate as a response to an action that is unfavorable to the receiver. We also find that a …

Persistent link: https://www.econbiz.de/10005772519

The role of moral values in the economic analysis of crime: A general equilibrium approach

Garoupa, Nuno - Department of Economics and Business, Universitat … - 1997

In this paper, we develop a general equilibrium model of crime and show that law enforcement has different roles depending on the equilibrium characterization and the value of social norms. When an economy has a unique stable equilibrium where a fraction of the population is productive and the...

Persistent link: https://www.econbiz.de/10005572600

The economics of organized crime and optimal law enforcement

Garoupa, Nuno - Department of Economics and Business, Universitat … - 1997

This paper extends the optimal law enforcement literature to organized crime. We model the criminal organization as a vertical structure where the principal extracts some rents from the agents through extortion. Depending on the principal's information set, threats may or may not be credible. As...

Persistent link: https://www.econbiz.de/10005704855

The biased balance: Observation, formalism and interpretation of a dissymmetric measuring device

Menestrel, Marc Le - Department of Economics and Business, Universitat … - 2007

This paper studies a balance whose unobservable fulcrum is not necessarily located at the middle of its two pans. It presents three different models, showing how this lack of symmetry modifies the observation, the formalism and the interpretation of such a biased measuring device. It argues that...

Persistent link: https://www.econbiz.de/10005772500

Biased representation of homothetic preferences on homogeneous sets

Menestrel, Marc Le; Lemaire, Bertrand - Department of Economics and Business, Universitat … - 2004

homothetic can be represented by a quantitative utility function and unique bias. This bias may favor or disfavor the preference … be sufficient for an object to have a greater utility for be preferred. In this manner, the bias reflects the extent to …

Persistent link: https://www.econbiz.de/10005704864

Health care management autonomy: Evidence from the Catalonian hospital sector in a decentralised Spain

López, Guillem; McDaid, David; Costa-Font, Joan - Department of Economics and Business, Universitat … - 2006

. Overall across Europe, public management is moving towards the introduction of more flexibility and autonomy . In this setting …, Spain is of particular interest as a result of the specific regional NHS decentralisation that started in the early 1980’s …

Persistent link: https://www.econbiz.de/10005827530

Risk sharing with the monarch: Excusable defaults and contingent debt in the age of Philip II, 1556-1598

Drelichman, Maurizio; Voth, Joachim - Department of Economics and Business, Universitat … - 2011

history. Philip II of Spain entered into hundreds of contracts whose value and due date depended on verifiable, exogenous …

Persistent link: https://www.econbiz.de/10009321254