of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly … will be punished is dissolved and the timing at which the punishment is actually imposed, as well as the combination …: either no delay (immediate resolution and immediate punishment) or maximum delay (both resolution and punishment as much as …

We investigate power abuse of a single punisher in a public-goods-game subject to variations in punishment power and …

that avoid these costs and whether other, more centralized, punishment systems are superior and will be preferred by the … people. Here, we show that efficient peer sanctioning without much need for costly punishment emerges quickly if we introduce … social norm of high cooperation. This norm appears to guide subjects' cooperation and punishment choices, including the …

shifts induced by these environmental changes: when punishment was not available to investors, we observe significantly lower … levels of investor trust and trustee reciprocity, while there is a significant increase in both behaviors when punishment was … adjustment of decision strategies in the presence of punishment. These results demonstrate that anti-social personality …

that avoid these costs and whether other, more centralized, punishment systems are superior and will be preferred by the … people. Here, we show that efficient peer sanctioning without much need for costly punishment emerges quickly if we introduce … social norm of high cooperation. This norm appears to guide subjects’ cooperation and punishment choices, including the …

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 …. The exogenous removal of the norm consensus opportunity reduces the efficiency of peer punishment and renders centralized …

We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation … cooperation with punishment which leads to a decrease in conditional cooperation. The power to punish means more responsibility …

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 … peer sanctioning with a norm consensus opportunity or an equally efficient institution with centralized punishment by an …