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to guide subjects' cooperation and punishment choices, including the virtually complete removal of antisocial punishment … systems exist that avoid these costs and whether other, more centralized, punishment systems are superior and will be … preferred by the people. Here, we show that welfare-enhancing peer sanctioning without much need for costly punishment emerges …
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to guide subjects' cooperation and punishment choices, including the virtually complete removal of antisocial punishment … preferred by the people. Here, we show that welfare-enhancing peer sanctioning without much need for costly punishment emerges …. The exogenous removal of the norm consensus opportunity reduces the efficiency of peer punishment and renders centralized …
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The thesis answers several questions concerning how people behave in an economic context if behavioral norms and rules are not obvious. In particular, it is investigated how subjects behave if other people in the role of third parties are involved or if the subjects themselves have the role of...
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both cooperation and peer punishment. To make the commitment credible, we assume that those willing to commit have to make …Theoretical and empirical studies have generally weighed the effect of peer punishment and pool punishment for … punishment and the stability of pool punishment and that the replicator dynamics lead to transitions of different systems: pool …
Persistent link: https://www.econbiz.de/10011383961
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contributions mechanism with punishment (VCMP). We eliminate 'dynamic economic linkages' between the two stages of our "modified …
Persistent link: https://www.econbiz.de/10013494040