Masclet, David; Noussair, Charles; Villeval, Marie-Claire - 2010
punishment, so that they increase overall welfare? We report an experiment in which players can issue non-binding threats to … punishment leads to lower threats, cooperation and welfare, restoring them to levels equal to or below the levels attained in the … cooperation within groups, it also has a detrimental impact on group earnings in the short run. Could the introduction of pre …