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This paper provides a comparative-statics analysis of punishment in public-good experiments. We vary the effectiveness … of punishment, that is, the factor by which punishment reduces the punished player's income. The data show that … contributions increase monotonically in punishment effectiveness. High effectiveness leads to near complete cooperation and welfare …
Persistent link: https://www.econbiz.de/10012775824
engage in punishment. Analyzing the interplay between types in an additional experiment, we show that pro-social punishers … punishment as well as their relative importance for mitigating social dilemmas. Using a novel strategy-method approach we … identify individual punishment patterns and link them with individual cooperation patterns. Classifying N = 628 subjects along …
Persistent link: https://www.econbiz.de/10011587542
This paper provides a comparative statics analysis of punishment in public-good experiments. We vary systematically the … effectiveness of punishment, that is, the factor by which punishment reduces the punished player's income, and we find that … rates and welfare improvements. Below a certain threshold, however, punishment cannot prevent the decay of cooperation found …
Persistent link: https://www.econbiz.de/10014064137
interacts with prices to generate a conventional demand curve. We test the price responsiveness of the demand for punishment by … strategic reason to punish. We nonetheless find significant levels of punishment, and we learn that both price and the extent to … which the recipient's contribution is below the group mean are significant determinants of the quantity of punishment …
Persistent link: https://www.econbiz.de/10014076129
in several recent studies, and we report a new experiment which shows that introducing higher-order punishment …The fact that many people take it upon themselves to impose costly punishment on free riders helps to explain why … punishment is costly and at times misdirected. We document the frequency and probable causes of punishment of high contributors …
Persistent link: https://www.econbiz.de/10014064865
In this paper we give an overview of algorithms developed to aid catalyst optimization at the Mexican Institute of Petroleum. We present a methodology that uses an evolutionary approach and ideas from tabu search and simulated annealing to guide the search for optimum catalytic materials based...
Persistent link: https://www.econbiz.de/10014047005
We delineate the various ways in which rights to environmental and other resources can be assigned to individuals or groups. We then examine models of individual and group interactions, drawing out their implications for the ways in which resources will be utilized and managed under various...
Persistent link: https://www.econbiz.de/10014023942
Many local public goods are provided in coalitions. When coalitions form they may have the power to exclude members. The core applies to such cases. When coalitions cannot exclude members, all who prefer the provided public good can join. The no-exodus equilibrium is proposed for such cases. It...
Persistent link: https://www.econbiz.de/10013082355
Many public goods that are provided by coalitions have a group-size effect. Namely, people prefer to consume a public good in a larger coalition. This paper studies local public goods games with anonymous and separable group-size effect. The core is nonempty when coalition feasible sets are...
Persistent link: https://www.econbiz.de/10012942059
The public-private partnership is a popular strategy for creating global sustainable value. However, many public-private partnerships struggle to realize their value-added potential. Why do some public-private partnerships succeed while others fail, and how may those struggling succeed?...
Persistent link: https://www.econbiz.de/10014165211