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 …

In small groups norm enforcement is provided by mutual punishment and reward. In large societies we have enforcement …

The empirical literature testing the economic theory of crime has extensively studied the relative importance of the … probability and the severity of punishment with reference to planned criminal activities. There are, however, also unplanned …

systems exist that avoid these costs and whether other, more centralized, punishment systems are superior and will be … preferred by the people. Here, we show that welfare-enhancing peer sanctioning without much need for costly punishment emerges …. The exogenous removal of the norm consensus opportunity reduces the efficiency of peer punishment and renders centralized …

This paper argues that the "Economics of Crime" concentrates too much on punishment as a policy to fight crime, which … is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several … to a large extent law abiding, they are more motivated to observe the law. -- crime ; punishment ; incentives …

This paper studies how the swiftness and delay of punishment affect behavior. Using rich administrative data from … beliefs, as reflected in our survey. Yet, we document large mechanical benefits of swift punishment and provide a theoretical …

evidence on punishment preferences, in which subjects reveal a heterogeneous preference for punishing wrongdoers, our model … identifies circumstances in which “punitive” individuals (with stronger-than-average punishment preferences) will self …-select into law enforcement jobs that offer the opportunity to punish (or facilitate the punishment of) wrongdoers. Such “punitive …

abnormal returns found in the literature seem to be exaggerated by more than three times. Hence, the "punishment" effect …