Showing 1 - 10 of 23
punishment behavior. (3) Thereare discontinuous “jumps” in the behavior of responders. They either chooseno punishment (destroy … nothing) or the highest level of punishment (destroyeverything). (4) Expectations have a significant effect on the … probabilityof punishment but not on the intensity of experienced emotion. We explainthis last result in terms of norm …
Persistent link: https://www.econbiz.de/10011255559
punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this …
Persistent link: https://www.econbiz.de/10011256198
anger, ‘social’ emotions like shame and guilt need to be present for punishment to be an effective deterrent of …
Persistent link: https://www.econbiz.de/10011256568
difference between them concerns the question of “who punishes”. In the first approach, punishment is executed by the group … members themselves individually, i.e., punishment is decentral in nature. The second approach is based on the idea that … individuals may be willing to delegate the punishment to a central, external authority. The key questions to answered are, whether …
Persistent link: https://www.econbiz.de/10011256917
The effects of stake size on cooperation and punishment are investigated using a public goods experiment. We find that … an increase in stake size does neither significantly affect cooperation nor, interestingly, the level of punishment. …
Persistent link: https://www.econbiz.de/10011257415
Limited liability may result in inefficient accident prevention, because a relevant portion of the expected harm is externalized on victims. This paper shows that under some restrictive conditions further limiting liability by means of a liability cap can improve caretaking.
Persistent link: https://www.econbiz.de/10011256895
This paper explores the interaction between retirement flexibility and portfolio choice in an overlapping-generations model of a closed economy. Retirement flexibility is often seen as a hedge against capital market risks which justifies more risky asset portfolios. We show, however, that this...
Persistent link: https://www.econbiz.de/10011255471
Is there a case to be made for preferential treatment of the exposed sector in an economy when compliance to an aggregate emissions constraint induced by an international environmental agreement is mandatory? This question is being debated in many countries, including The Netherlands, in the...
Persistent link: https://www.econbiz.de/10011255504
We examine the effect of railway travel on urban spatial structure in a polycentric urban land use model. We focus on the role of access to the railway network. We find that if the number of train stations is limited, the degree of urbanization is higher around train stations, but the effect of...
Persistent link: https://www.econbiz.de/10011255758
This discussion paper resulted in a publication in the 'Journal of Economic Dynamics and Control', 2003, 27, 423-444. <P> Mostly infinite dimensional economies can be considered limits offinite dimensional economies, in particular when we think of time orproduct differentiation. We investigate...</p>
Persistent link: https://www.econbiz.de/10011256104