We focus in this paper on the effects of court errors on the optimal sharing of liability between firms and financiers …, governments and courts we show, through numerical simulations, the distortions in liability sharing between firms and financiers … firm innocent of inappropriate care) errors. This role is considered in a context where liability sharing is already …

punishment as well as their relative importance for mitigating social dilemmas. Using a novel strategy-method approach we … identify individual punishment patterns and link them with individual cooperation patterns. Classifying N = 628 subjects along … these two dimensions documents that cooperation and punishment patterns are intuitively aligned for most individuals …

We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation … cooperation with punishment which leads to a decrease in conditional cooperation. The power to punish means more responsibility …

Altruistic punishment is a fundamental driver for cooperation in human interactions. In this paper, we expand our … understanding of this form of costly punishment to help explain a puzzle of voting behavior: why do people who are indifferent … simple voting experiment, we show that many voters are willing to engage in voting as a form of punishment, even when voting …

This paper studies whether people can avoid punishment by remaining willfully ignorant about possible negative …