Considerable experimental evidence shows that although costly peer-punishment enhances cooperation in repeated public …-good games, heavy punishment in early rounds leads to average period payoffs below the non-cooperative equilibrium benchmark. In … fall prey to a poverty trap or, to avoid this, abstain from punishment altogether. We show that neither is the case …

Endogenously chosen punishment institutions perform well in increasing contributions and long-term payoffs in social … dilemma situations. However, they suffer from (a) initial reluctance of subjects to join the punishment institution and (b …) initial efficiency losses due to frequent punishment. Here, we investigate the effects of social learning on the acceptence …

short-term punishment institution (i.e., a crackdown) on bribery behavior in a lab setting. We conduct lab experiments in …