), material or other explicit incentives (laws) and social sanctions or rewards (norms). It first examines how honor, stigma and … social norms arise from individuals' behaviors and inferences, and how they interact with material incentives. It then … also what shapes social judgements and moral sentiments. Setting law thus means both imposing material incentives and …

Yitzhaki puzzle). The existing literature disagrees on whether prospect theory overturns the puzzle. We disentangle four … distinct elements of prospect theory and find loss aversion and probability weighting to be redundant in respect of the puzzle …. Prospect theory fails to reverse the puzzle for various classes of endogenous specification of the reference level. These …

Yitzhaki puzzle). The existing literature disagrees on whether prospect theory overturns the puzzle. We disentangle four … distinct elements of prospect theory and find loss aversion and probability weighting to be redundant in respect of the puzzle …. Prospect theory fails to reverse the puzzle for various classes of endogenous specification of the reference level. These …

"), material or other explicit incentives ("laws") and social sanctions or rewards ("norms"). It first examines how honor, stigma … and social norms arise from individuals' behaviors and inferences, and how they interact with material incentives. It then … incentives and sending a message about society's values, and hence about the norms that different behaviors are likely to …

theories of fairness and reciprocity capture these forces. We find that cooperators' punishment is almost exclusively targeted … towards the defectors but the latter also impose a considerable amount of spiteful punishment on the cooperators. However …, spiteful punishment vanishes if the punishers can no longer affect the payoff differences between themselves and the punished …

punishment statistics, we find that the effect of enforcement on smuggling prices is small. Though enforcement has more than …

by running Prisoner's Dilemma and Third Party Punishment games on three different pools of subjects; students, 'Ordinary … game with Third Party punishment, punishing less as well as tending to punish cooperation (almost as much) as defection …