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Cooperation problems are at the heart of many everyday situations. In this paper, we propose a very simple and light-handed mechanism to sustain cooperation and test its performance in a rich laboratory environment. The mechanism moderates cooperation by controlling experiences, more...
Persistent link: https://www.econbiz.de/10009007141
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In criminal law, when a conflict is solved by plea bargaining, the negotiation is mainly made between the prosecutor and the lawyer. Adopting a complete information framework about his type (selfish or altruistic), this paper compares two lawyer payment systems: flat fees and hourly-wage fees....
Persistent link: https://www.econbiz.de/10012764272
Do criminals maximise money? Are criminals more or less selfish than the average subject? Can prisons apply measures that reduce the degree of selfishness of their inmates? Using a tried and tested tool from experimental economics, we cast new light on these old criminological questions. In a...
Persistent link: https://www.econbiz.de/10003980334
Sanctions are often so weak that a money maximizing individual would not be deterred. In this paper I show that they may nonetheless serve a forward looking purpose if sufficiently many individuals are averse against advantageous inequity. Using the Fehr/Schmidt model (QJE 1999) I define three...
Persistent link: https://www.econbiz.de/10013081462
public officials, with evidence from homicide investigations in Colombia. We randomly assigned the investigations of 66% of …
Persistent link: https://www.econbiz.de/10012830860
Sanctions are often so weak that a money maximizing individual would not be deterred. In this paper I show that they may nonetheless serve a forward looking purpose if sufficiently many individuals are averse against advantageous inequity. Using the Fehr/Schmidt model (QJE 1999) I define three...
Persistent link: https://www.econbiz.de/10009742336
This paper examines a number of empirical patterns, puzzles, and anomalies relating to the problem of domestic violence in Puerto Rico that heretofore have been overlooked in the scholarly literature. The author concludes that domestic violence legislation is the product of 'ideological...
Persistent link: https://www.econbiz.de/10014057112
First we show that for wealth-constrained agents who may commit an act twice the optimal sanctions are the offender's entire wealth for the first and zero for the second crime. Then we ask the question whether this decreasing sanction scheme is subgame perfect (time consistent), i.e., does a...
Persistent link: https://www.econbiz.de/10014104293
Persistent link: https://www.econbiz.de/10011771004