Tan, Fangfang; Xiao, Erte - Volkswirtschaftliche Fakultät, … - 2011
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 … implicated parties are allowed to punish each other, both the cooperation rate and the earnings are lower when the enforcement of …