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This paper studies the design of enforcement policies to detect and deter harmful short-term activities committed by groups of injurers. With an ordered-leniency policy, the degree of leniency granted to an injurer who self-reports depends on his or her position in the self-reporting queue. By...
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receive reduced sanctions. We replicate the strategic environment described by Landeo and Spier (2018). In theory, the optimal …
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We show in a public goods experiment on three continents that conditional cooperation is a universal behavioral … regularity. Yet, the number of conditional cooperators and the extent of conditional cooperation are much higher in the U ….S.A. than anywhere else. -- conditional cooperation ; public goods ; experiment …
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In economics, the standard approach to language is that talk is cheap. Here, instead, language is a social convention that affects utility. Unless language is used in its ordinary sense, it cannot help to coordinate actions because there is no way of decoding it. This points to a unique...
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