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"To explain the extremely long-term persistence (more than 500 years) of positive historical experiences of cooperation …
Persistent link: https://www.econbiz.de/10003627185
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Almost all economic and public choice models assume that all people are exclusively pursuing their own material self-interests and do not care about "social" goals per se. Several (laboratory) experiments address the question of the general validity of this assumption. A consistent conclusion...
Persistent link: https://www.econbiz.de/10003821574
elected judge. Migration opportunities and normative consensus building are key to the quick emergence of an efficient culture … of universal cooperation because the more prosocial subjects populate the two efficient institutions first, elect … prosocial judges (if institutionally possible), and immediately establish a social norm of high cooperation. This norm appears …
Persistent link: https://www.econbiz.de/10011825357
elected judge. Migration opportunities and normative consensus building are key to the quick emergence of an efficient culture … of universal cooperation because the more prosocial subjects populate the two efficient institutions first, elect … prosocial judges (if institutionally possible), and immediately establish a social norm of high cooperation. This norm appears …
Persistent link: https://www.econbiz.de/10011844819
The article suggests a new explanation for cooperation in large, unstructured societies that avoids the restrictions … for cooperation to be part of an asymptotically stable equilibrium of an evolutionary dynamics of signaling norm … of the social norm and two parameters measuring the cost of cooperation into relation with each other. …
Persistent link: https://www.econbiz.de/10010429142
goods provision - the quick emergence of a widely accepted social cooperation norm that demands high contributions but - in … consensus as well as the high cooperation demands required by the norm break down. However, when peer punishment is possible … cooperation and welfare - the opportunity to form a social norm unambiguously causes high public good contributions and group …
Persistent link: https://www.econbiz.de/10011854858
Monetary theorists have advanced an intriguing notion: we exchange money to make up for a lack of enforcement, when it is difficult to monitor and sanction opportunistic behaviors. We demonstrate that, in fact, monetary equilibrium cannot generally be sustained when monitoring and punishment...
Persistent link: https://www.econbiz.de/10010226612