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party punishment. Status is conveyed by surname; half of the third parties face dictators with a noble name and half face …’s decisions to use economic punishment, and that this holds true in situations where reputation or strategic concerns have no …
Persistent link: https://www.econbiz.de/10008802527
dilemmas. It is in the self-interest of voters and is often favorably contrasted with letting citizens take punishment into …
Persistent link: https://www.econbiz.de/10008836655
Entrusting the power to punish to a central authority is a hallmark of civilization. We study a collective action dilemma in which self-interest should produce a sub-optimal outcome absent sanctions for non-cooperation. We then test experimentally whether subjects make the theoretically optimal...
Persistent link: https://www.econbiz.de/10008836656
one can assign costly punishment points to other group members in order to reduce their payoffs. We compare the effect of … this voluntary punishment possibility with the effect of ex post costless communication: in contrast to the punishment …
Persistent link: https://www.econbiz.de/10011144096
Punishment typically involves depriving violators of resources they own such as money or labor. These resources can … become revenue for authorities and thus motivate profit-seeking punishment. In this paper, we design a novel experiment to … provide direct evidence on the role punishment plays in communicating norms. Importantly, this allows us to provide …
Persistent link: https://www.econbiz.de/10011049700
against advantageous inequity. Using a linear public good with centralized punishment, I find that participants increase … against exploiting others, the less it matters whether punishment was deterrent. …
Persistent link: https://www.econbiz.de/10011116856
The Coase theorem posits: If [1] property rights are perfect, [2] contracts are enforceable, [3] preferences are common knowledge, and [4] transaction costs are zero, then the initial alloca-tion of property rights only matters for distribution, not for efficiency. In this paper we claim that...
Persistent link: https://www.econbiz.de/10011419376
Originally, behavioral law and economics was an exercise in exploring the implications of key findings from behavioral economics (and psychology) for the analysis and reform of legal institutions. Yet as the new discipline matures, it increasingly replaces foreign evidence by fresh evidence,...
Persistent link: https://www.econbiz.de/10010323847
We study experimentally whether and to what extent impartial decision makers are influenced by stakeholders´ fairness opinions in an allocation decision. The setting allows for different focal fairness rules to be considered. We compare communication treatments, in which one of the stakeholders...
Persistent link: https://www.econbiz.de/10010334523
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10010277375