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This paper studies monitoring and punishment behavior by second and third parties in a cooperation experiment with … monitoring and punishment respond to changes in monitoring costs, and exploit the evidence to gain new insights about … to increasingly weaker incentives for cooperation relative to second party punishment as monitoring costs rise. In …
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cooperation and efficiency in a social dilemma change in response to varying how monitoring and punishment are jointly organized … hypothesized, we find that delegated punishment outperforms other punishment regimes, irrespective of the monitoring regime, both … to the baseline unless accompanied by a credible punishment. When combined with a punishment institution, both monitoring …
Persistent link: https://www.econbiz.de/10014390539
the use of loaded language significantly reduces the incidence of bribery and increases the level of punishment …. Punishment of bribery leads to reduced bribery in future. The evidence suggests that this game captures essential features of a … history of past play has little effect on the level of corruption. …
Persistent link: https://www.econbiz.de/10011515620
its findings. If the firm holds back information, it might be detected and fined. We show that optimal monitoring is …. Our model implies that (i) the probability of detection and the fine might be complements; (ii) the optimal monitoring … equilibrium and more stringent monitoring is costless, increasing the probability of detection might not be beneficial; and (iv …
Persistent link: https://www.econbiz.de/10011456848
its findings. If the firm holds back information, it might be detected and fined. We show that optimal monitoring is …. Our model implies that (i) the probability of detection and the fine might be complements; (ii) the optimal monitoring … equilibrium and more stringent monitoring is costless, increasing the probability of detection might not be beneficial; and (iv …
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