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Previous findings on punishment have focused on environments in which the outcomes are known with certainty. In this … paper, we conduct experiments to investigate how punishment affects cooperation in a two-person stochastic prisoner … specified probabilistically under a transparent information condition. In particular, we study two types of punishment …
Persistent link: https://www.econbiz.de/10012460202
Since formal rules can only partially reduce opportunistic behavior, third-party sanctioning to promote fairness is critical to achieving desirable social outcomes. Social norms may underpin such behavior, but they can also undermine it. We study one such norm the "don't be a toad" norm, as it...
Persistent link: https://www.econbiz.de/10014635680
vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the "hired gun" mechanism …
Persistent link: https://www.econbiz.de/10012461626
contrast the performance of lower ability participants and higher ability participants in an experiment with three distribution …
Persistent link: https://www.econbiz.de/10013388782
higher capital incomes. This increases inequality. To make this argument, we develop a tractable theory that links technology …
Persistent link: https://www.econbiz.de/10012482656
Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...
Persistent link: https://www.econbiz.de/10012469200
Concurrent with the precipitous decline in private sector unionization over the past half century, there has been a shift in the type of work covered by unions. We take a skill-based approach to studying this shift, using data from the Current Population Survey combined with occupation-specific...
Persistent link: https://www.econbiz.de/10014337809
Economists have long been aware of utility externalities such as a tendency to compare own income with others'. If welfare losses from income comparisons are significant, any governmental interventions that alter such attitudes may have large welfare consequences. We conduct an original online...
Persistent link: https://www.econbiz.de/10012456675
Penalties for tax evasion are typically financial, but many jurisdictions also utilize collateral sanctions that deny access to some government-provided service. To learn about the effectiveness of such penalties, we examine a U.S. policy restricting passport access for taxpayers with...
Persistent link: https://www.econbiz.de/10012599319
Using data on the entire population of prisoners under a sentence of death in the U.S. between 1977 and 1997, this paper investigates the probability of being executed on death row in any given year, as well as the probability of commutation when reaching the end of death row. The analyses...
Persistent link: https://www.econbiz.de/10012469196