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, even if punishment is costly. However, these studies focus on situations where there is no uncertainty about others …' behavior. We investigate punishment in a world with 'reasonable doubt' about others' contributions. Interestingly, people … some non-trivial degree of noise, punishment (1) cannot maintain high contributions and (2) reduces welfare even below the …
Persistent link: https://www.econbiz.de/10010274085
-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
punishment; with decentralised punishment qualified by the risk of counterpunishment. In all environments, the effect of first …
Persistent link: https://www.econbiz.de/10010267001
) there is preference uncertainty. In a linear public good with punishment meted out by a disinterested participant, I test … two implications of the model: (a) participants increase contributions in reaction to imperfect punishment; (b) imperfect … punishment helps sustain cooperation if participants experience free-riding. …
Persistent link: https://www.econbiz.de/10010323867
. We therefore complement the field evidence by a lab experiment that isolates the definitional feature of probation: the … less to a joint project; punishment cost is higher; efficiency is lower; inequity is higher. While experimental subjects … themselves do trust the institution less if punishment does not become effective immediately. …
Persistent link: https://www.econbiz.de/10010266976
punishment, so that they increase overall welfare? We report an experiment in which players can issue non-binding threats to … their actual punishment level. We find that threats increase the level of contributions significantly. Efficiency is … punishment leads to lower threats, cooperation and welfare, restoring them to levels equal to or below the levels attained in the …
Persistent link: https://www.econbiz.de/10010285514
punishment opportunities are restricted to agents who are linked through alternative punishment networks. We find that the … structure of the punishment network significantly impacts contributions to the public good, but not overall efficiencies …. Contributions collapse over decision rounds in groups with limited punishment opportunities, even if the absolute punishment …
Persistent link: https://www.econbiz.de/10010281653
symmetric and asymmetric punishment regimes for bribery, one may wonder which punishment strategy is more effective in curbing … corruption. For this purpose, we designed and ran a lab experiment in Bonn (Germany) and Shanghai (China) with exactly the same … design. The results show that, in both countries, with symmetric punishment recipients are less likely to grant the socially …
Persistent link: https://www.econbiz.de/10010286689
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10010287731
interacts with prices to generate a conventional demand curve. We test the price responsiveness of the demand for punishment by … strategic reason to punish. We nonetheless find significant levels of punishment, and we learn that both price and the extent to … which the recipient's contribution is below the group mean are significant determinants of the quantity of punishment …
Persistent link: https://www.econbiz.de/10010318879