Carpenter, Jeffrey P.; Matthews, Peter Hans - In: Journal of Institutional and Theoretical Economics (JITE) 166 (2010) 2, pp. 239-258
To be effective, norm enforcement often requires the participation of unaffected third parties. The logic of third-party intervention has, however, proven elusive because the costs always seem to outweigh the benefits. Using an evolutionary game theoretic approach, we posit that the intervention...