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punishment; with decentralised punishment qualified by the risk of counterpunishment. In all environments, the effect of first … strong enough to stabilise cooperation though. It must be combined with some risk of sanctions. …
Persistent link: https://www.econbiz.de/10010267001
-handed mechanism to sustain cooperation and test its performance in a rich laboratory environment. The mechanism moderates cooperation …
Persistent link: https://www.econbiz.de/10010281841