Masclet, David; Noussair, Charles N.; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2010
-play threats to punish have enough of a beneficial impact on cooperation, while not incurring the cost associated with actual … punishment leads to lower threats, cooperation and welfare, restoring them to levels equal to or below the levels attained in the … cooperation within groups, it also has a detrimental impact on group earnings in the short run. Could the introduction of pre …