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We elicit human conditional punishment types by conducting experiments. We find that their punishment decisions to an … individual are on average significantly positively proportional to other members’ punishment decisions to that individual. …
Persistent link: https://www.econbiz.de/10011260305
We report a framed field experiment, in which we study the effectiveness of punishment and reward in sustaining …
Persistent link: https://www.econbiz.de/10009325612
This paper investigates how punishment promotes cooperation when the punishment enforcer is a third party independent … of the implicated parties who propose the punishment. In a prisoner's dilemma experiment, we find an independent third … party vetoes not only punishment to the cooperators but punishment to the defectors as well. Compared with the case when the …
Persistent link: https://www.econbiz.de/10009402064
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 …
Persistent link: https://www.econbiz.de/10008536056