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second contributor. The consequences of sanctioning depend on the treatment: whereas punishment can reduce inequality in one … treatment, it only creates another inequality in the other. To capture the effect of delay on punishment both treatments are run … once with immediate and once with delayed punishment. Moreover, to investigate the effect of pure voice, all four …
Persistent link: https://www.econbiz.de/10014166938
Applying an indirect evolutionary approach with endogenous preference formation, we show that a legal system can induce players to reward trust even if material incentives dictate to exploit trust. By analyzing the crowding out or crowding in of trustworthiness implied by various verdict rules,...
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Envy is an unpleasant emotion. If individuals anticipate that comparing their payoff with the (potentially higher) payoff of others will make them envious, they may want to actively avoid information about other people’s payoffs. Given the opportunity to reduce another person’s payoff, an...
Persistent link: https://www.econbiz.de/10012600179
second contributor. The consequences of sanctioning depend on the treatment: whereas punishment can reduce inequality in one … treatment, it only creates another inequality in the other. To capture the effect of delay on punishment both treatments are run … once with immediate and once with delayed punishment. Moreover, to investigate the effect of pure voice, all four …
Persistent link: https://www.econbiz.de/10010291837
second contributor. The consequences of sanctioning depend on the treatment: whereas punishment can reduce inequality in one … treatment, it only creates another inequality in the other. To capture the effect of delay on punishment both treatments are run … once with immediate and once with delayed punishment. Moreover, to investigate the effect of pure voice, all four …
Persistent link: https://www.econbiz.de/10009579905