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This paper deals with the subject of third-party punishment. The paper compares, by means of an economic experiment, punishment by a third party (Stand-Alone case) with punishment by third parties (In-Group environment). This deliberate introduction of a second potential punisher is neither...
Persistent link: https://www.econbiz.de/10014193835
The main contribution of this paper is twofold. First of all, it focuses on the decisional process that leads to the creation of a social norm. Secondly, it analyses the mechanisms through which subjects conform their behaviour to the norm. In particular, our aim is to study the role and the...
Persistent link: https://www.econbiz.de/10014216985
A real-effort experiment is conducted in order to detect preferences for one of three different models of Welfare State characterized by different schemes of tax-and-transfers. Experimental subjects have to choose (both under and without veil of ignorance concerning their position in the society...
Persistent link: https://www.econbiz.de/10013026776
We investigate the role of information on consumers' valuation for food products containing genetically modified organisms (GMOs), using data from a specifically designed survey. We provide three main results. First, we show that introducing mandatory labels to identify whether or not a food...
Persistent link: https://www.econbiz.de/10013067990
This paper analyses, by means of an economic experiment, the impact of (judicial) review on third party punishment. Whereas the existing literature has studied extensively third party costly punishment as such(both by one or two potential punishers), it has not addressed the consequences of a...
Persistent link: https://www.econbiz.de/10013050486
In this study, we implement a series of voting games in the laboratory to test whether a strategic voting behavior in a proportional system would arise and induce a two-party system. In each voting game, a finite number of subjects with single-peaked preferences, uniformly distributed on a...
Persistent link: https://www.econbiz.de/10012899289