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Almost all economic and public choice models assume that all people are exclusively pursuing their own material self-interests and do not care about "social" goals per se. Several (laboratory) experiments address the question of the general validity of this assumption. A consistent conclusion...
Persistent link: https://www.econbiz.de/10003821574
framework where punishment ("stick") and rewarding ("carrot") options are available, here we show analytically that the presence … of cooperators who don't punish in the population makes altruistic punishment evolutionarily weak. We show that … cooperation breaks down and strong reciprocity is maladaptive if costly punishment means "punishing defectors" and, even more so …
Persistent link: https://www.econbiz.de/10009298308
This paper evaluates the effect of positive inducements on tax behavior by exploiting a natural experiment in which a …
Persistent link: https://www.econbiz.de/10011661307
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This paper examines the impact of jury racial composition on trial outcomes using a unique dataset of all felony trials in Sarasota County, Florida between 2004 and 2009. We utilize a research design that exploits day-to-day variation in the composition of the jury pool to isolate quasi-random...
Persistent link: https://www.econbiz.de/10008665132
We propose a theory studying temptation in presence of both externally and internally sanctioned prohibitions. Moral values that (internally) sanction prohibited actions and their desire may increase utility by reducing self-control costs, thereby serving as partial commitment devices. We apply...
Persistent link: https://www.econbiz.de/10008729430
We provide a general framework in which to determine the optimal penalty fee inducing the contractor to respect the contracted delivery date in public procurement contracts (PPCs). We do this by developing a real option model that enables us to investigate the contractor's value of investment...
Persistent link: https://www.econbiz.de/10008823913
This paper uses a natural policy experiment to estimate how changes in the costs of engaging in criminal activity may … in the severity of judicial punishment imposed on Colombian adolescents, crime rates in Colombian municipalities …
Persistent link: https://www.econbiz.de/10010244164
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