backfires as special agents extract significantly more resources. Introducing a peer punishment mechanism sustains contributions … stigmatization effect for the special agent as he receives substantially more peer punishment while contributions by other agents do … not change. Finally full transparency of all agents actions creates full accountability as it allows targeted punishment …

This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The …

The unravelling prediction of disclosure theory relies on the idea that strategic forces lead firms (information …

By providing incentives for sellers to act in a trustworthy manner, reputation mechanisms in many online environments … sellers can inspect a buyer's feedback-provision history, thus providing the buyer with incentives to share private …

free-riding incentives resulting in strategic delays in investment timings. Our theoretical analysis suggests that … introducing communication into this setting reduces strategic delay. We implement our model in a laboratory experiment utilizing a … experiment, while coordination failures emerge in the following periods sweeping away the beneficial effect of communication at …