Showing 1 - 10 of 2,391
Persistent link: https://www.econbiz.de/10002093478
Very little is known about the efficient collection of fines despite their indispensable contribution to local government budgets. This paper fills an important gap in the literature by studying the effectiveness of deterrence (enforcement) and non-deterrence (social norms) letters that aim to...
Persistent link: https://www.econbiz.de/10012494872
Recent experiments show that public goods can be provided at high levels when mutual monitoring and costly punishment … are allowed. All these experiments, however, study monitoring and punishment in a setting where all agents can monitor and … fundamental, properties in graph theory allow us to interpret the variation in the patterns of behavior that arise in the …
Persistent link: https://www.econbiz.de/10009300129
We characterize optimal incentive contracts in a moral hazard framework extended in two directions. First, after effort provision, the agent is free to leave and pursue some ex-post outside option. Second, the value of this outside option is increasing in effort, and hence endogenous. Optimal...
Persistent link: https://www.econbiz.de/10003984691
of fines on punishment and deterrence. Partial effects are effects on potential violators' and punishers' decisions when … hypotheses derived from the theory. …
Persistent link: https://www.econbiz.de/10011347317
individual's likelihood of sending costly peer punishment is examined. Actigraphy sleep monitoring watches are used to validate …-parametric as well as regression analysis, we find that when punishment is not available, sleep restriction does not affect the … contributions made to joint production. When punishment is available, we find weak evidence that SR subjects contribute more than WR …
Persistent link: https://www.econbiz.de/10011670941
welfare is reduced is that punishment can express anger about free-riding. If this is the case, then tools that regulate … aggression. In this lab experiment, we find that adopting an objective attitude (Objective), through a form of emotion regulation … emotion regulation treatment and level of aggression is not significant, only low aggression types reduce their punishments …
Persistent link: https://www.econbiz.de/10011607404
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 … peer sanctioning with a norm consensus opportunity or an equally efficient institution with centralized punishment by an …
Persistent link: https://www.econbiz.de/10011844819
Sanctions are a common method to discourage free-riding in the provision of public goods. However, we can usually only sanction those who are detected performing the bad act of free-riding. There has been considerable research on the type of sanctions imposed, but this research almost always...
Persistent link: https://www.econbiz.de/10011865465
that avoid these costs and whether other, more centralized, punishment systems are superior and will be preferred by the … people. Here, we show that efficient peer sanctioning without much need for costly punishment emerges quickly if we introduce … social norm of high cooperation. This norm appears to guide subjects' cooperation and punishment choices, including the …
Persistent link: https://www.econbiz.de/10011760106