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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/10005823002
Using an international dataset of about 35,000 subjects, this paper provides an empirical example of high-stakes incentives in relation to religious practice. First, we show that incentives (based on absolute belief) play a salient role in religious performance. Second, we find that, when both...
Persistent link: https://www.econbiz.de/10008626035
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/10005163433
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
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
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
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