Xu, Bin; Cadsby, C. Bram; Fan, Liangcong; Song, Fei - In: Games 4 (2013) 1, pp. 89-105
We examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the marginal per capita return (MPCR), i.e. the return to each participant from...
