Showing 1 - 10 of 129
This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357
coexist with very strong spatial productivity spillovers in a close neighbourhood of 10 km. Finally, these spatial e¤ects are …
Persistent link: https://www.econbiz.de/10009323467
neighbourhood”. In addition to the physical space that the concept reminds, the term neighbourhood is also used to describe a … interaction and the type of use of the physical environment. The perceptions of residents’ in relation with this neighbourhood … investigate the situation of the neighbourhood concept in contemporary urban residential environments by making use of the data …
Persistent link: https://www.econbiz.de/10008516577
Corporate Governance is the relationship between corporate managers, directors and the capital providers, who save and invest their capital to earn money in form of dividend, interest or gain. Shareholders of the company appoint Board of Directors to fulfill their objectives aligned with the...
Persistent link: https://www.econbiz.de/10011110258
We elicit human conditional punishment types by conducting experiments. We find that their punishment decisions to an … individual are on average significantly positively proportional to other members’ punishment decisions to that individual. …
Persistent link: https://www.econbiz.de/10011260305
We report a framed field experiment, in which we study the effectiveness of punishment and reward in sustaining …
Persistent link: https://www.econbiz.de/10009325612
This paper investigates how punishment promotes cooperation when the punishment enforcer is a third party independent … of the implicated parties who propose the punishment. In a prisoner's dilemma experiment, we find an independent third … party vetoes not only punishment to the cooperators but punishment to the defectors as well. Compared with the case when the …
Persistent link: https://www.econbiz.de/10009402064
Considerable experimental evidence shows that although costly peer-punishment enhances cooperation in repeated public …-good games, heavy punishment in early rounds leads to average period payoffs below the non-cooperative equilibrium benchmark. In … fall prey to a poverty trap or, to avoid this, abstain from punishment altogether. We show that neither is the case …
Persistent link: https://www.econbiz.de/10008536056
Endogenously chosen punishment institutions perform well in increasing contributions and long-term payoffs in social … dilemma situations. However, they suffer from (a) initial reluctance of subjects to join the punishment institution and (b …) initial efficiency losses due to frequent punishment. Here, we investigate the effects of social learning on the acceptence …
Persistent link: https://www.econbiz.de/10008765631
short-term punishment institution (i.e., a crackdown) on bribery behavior in a lab setting. We conduct lab experiments in …
Persistent link: https://www.econbiz.de/10011118553