Showing 1 - 10 of 6,031
symmetric and asymmetric punishment regimes for bribery, one may wonder which punishment strategy is more effective in curbing … design. The results show that, in both countries, with symmetric punishment recipients are less likely to grant the socially … undesirable favor, while bribers are more likely to report to the authorities with asymmetric punishment. In addition, when …
Persistent link: https://www.econbiz.de/10010671660
We investigate the effect of punishment in a trust game with endowment heterogeneity in which the investor may punish … the allocator at a cost. Our results indicate that the effect of the punishment crucially depends on the investor …’s capacity of punishment, that is measured in our experiment by the proportion of the allocator’s payoffs that the investor can …
Persistent link: https://www.econbiz.de/10010684835
This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven...
Persistent link: https://www.econbiz.de/10005661888
There has been a fundamental development in theory and understanding of market, private, collective and public organizations in recent years. This paper incorporates achievements of the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...
Persistent link: https://www.econbiz.de/10008680295
Overconfidence in one's relative performance within a group is a wide-spread phenomenon. Similar to individual (or within-group) overconfidence, it was also shown that individuals are, on average, overconfident about the performance of their group relative to other groups. We hypothesize that...
Persistent link: https://www.econbiz.de/10010902505
Individuals belonging to a social group make judgments about their relative standing within the group as well as about the relative standing of their group among other groups. On average, individuals exhibit overconfidence bias in both types of judgments in a variety of settings. We hypothesize,...
Persistent link: https://www.econbiz.de/10011051357
laboratory experiment, subjects play a public good game with punishment in which feedback on actual contributions is obscured …
Persistent link: https://www.econbiz.de/10010842857
theoretic model showing how endogenous emotion-based punishment can sustain ull cooperation when interactions are not repeated …
Persistent link: https://www.econbiz.de/10010761906
compliance: punishment and reputation. The model considers two groups of agents in a society with one norm. Agents in one group … enforced due to a higher level of punishment of the violation. In another scenario, everyone is motivated due to reputation … formation, despite a lower level of punishment by others. The interaction of two mechanisms provides a convenient way to norm …
Persistent link: https://www.econbiz.de/10010666059
situation. In a laboratory experiment, subjects play a public good game with punishment in which feedback on actual … inflated beliefs about the contribution of others. This, in turn, impacts their contribution and punishment decisions. …
Persistent link: https://www.econbiz.de/10010702946