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purposes of punishment, deterrence and special prevention. We investigate Bentham’s intuition in a public goods lab experiment … prevention effect but show that the deterrence effect is smaller the more information on individual punishment is available. …The most famous element in Bentham’s theory of punishment, the Panopticon Prison, expresses his view of the two …
Persistent link: https://www.econbiz.de/10008633210
) there is preference uncertainty. In a linear public good with punishment meted out by a disinterested participant, I test … two implications of the model: (a) participants increase contributions in reaction to imperfect punishment; (b) imperfect … punishment helps sustain cooperation if participants experience free-riding …
Persistent link: https://www.econbiz.de/10010667903
. We therefore complement the field evidence by a lab experiment that isolates the definitional feature of probation: the … less to a joint project; punishment cost is higher; efficiency is lower; inequity is higher. While experimental subjects … themselves do trust the institution less if punishment does not become effective immediately. …
Persistent link: https://www.econbiz.de/10008567631
controlled conditions, we have conducted a public goods experiment with central punishment. The authority is neutral – she does … not benefit from contributions to the public good. Punishment is costly. Along with the punishment decisions the authority … writes justifications for her decisions. In the Baseline, authorities are requested to justify punishment decisions, but the …
Persistent link: https://www.econbiz.de/10010731963
symmetric and asymmetric punishment regimes for bribery, one may wonder which punishment strategy is more effective in curbing … corruption. For this purpose, we designed and ran a lab experiment in Bonn (Germany) and Shanghai (China) with exactly the same … design. The results show that, in both countries, with symmetric punishment recipients are less likely to grant the socially …
Persistent link: https://www.econbiz.de/10010671660
Do criminals maximise money? Are criminals more or less selfish than the average subject? Can prisons apply measures that reduce the degree of selfishness of their inmates? Using a tried and tested tool from experimental economics, we cast new light on these old criminological questions. In a...
Persistent link: https://www.econbiz.de/10008574249
, even if punishment is costly. However, these studies focus on situations where there is no uncertainty about others …' behavior. We investigate punishment in a world with “reasonable doubt” about others' contributions. Interestingly, people … level of a setting without punishment. Our findings suggest that sufficient information accuracy about others' behavior is …
Persistent link: https://www.econbiz.de/10008633221
, we adopt an experimental approach to test these claims. We show that the willingness to overcome a dilemma transcends …
Persistent link: https://www.econbiz.de/10010535930
Cartels are inherently instable. Each cartelist is best off if it breaks the cartel, while the remain-ing firms remain loyal. If firms interact only once, if products are homogenous, if firms compete in price, and if marginal cost is constant, theory even predicts that strategic interaction...
Persistent link: https://www.econbiz.de/10008633209
We study the effect of voting when insiders’ public goods provision may affect passive outsiders. Without voting insiders’ contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level...
Persistent link: https://www.econbiz.de/10011106491