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increases substantially after introducing an ex post sanctioning possibility. Namely, subjects can assign punishment points to …-statistic game ; punishment ; sanction ; weakest link …
Persistent link: https://www.econbiz.de/10009567105
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...
Persistent link: https://www.econbiz.de/10013130732
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/10013116035
) there is preference uncertainty. In a linear public good with punishment meted out by a disinterested participant, I test … two implications of the model: (a) participants increase contributions in reaction to imperfect punishment; (b) imperfect … punishment helps sustain cooperation if participants experience free-riding …
Persistent link: https://www.econbiz.de/10013081462
efficacy of punishment between cash and electronic cash-exchangeable penalties in a laboratory setting. Our results indicate … that while both forms of punishment increase cooperation, cash penalties are significantly more effective. Interestingly …
Persistent link: https://www.econbiz.de/10012937025
We use a laboratory experiment to study the extent to which people tailor levels of punishment to the subjective … experience of the person to receive that punishment, for both monetary and non-monetary sanctions. We find that subjects tend to …-monetary punishments are different when considered as proportions of the maximum possible punishment, but that this does not hold when non …
Persistent link: https://www.econbiz.de/10012968594
likely to be punished if fines and uncertainty are high. We find that the punishment frequency decreases considerably in …
Persistent link: https://www.econbiz.de/10013051060
Research examining the effect of weak punishment on conformity indicates that punishment can backfire and lead to … of social norms and their interplay with weak punishment in the context of a trust game. Across six conditions, we … systematically vary the combination of the existence of weak punishment and norm information. Norm information may refer either to …
Persistent link: https://www.econbiz.de/10013241623
A stream of research examining the effect of punishment on conformity indicates that punishment can backfire and lead … enforcement, enabling agents to justify selfish behavior. We address the question of punishment legitimacy by shedding light upon … the importance of social norms and their interplay with punishment. Often people are presented with incomplete norm …
Persistent link: https://www.econbiz.de/10013248729
, even if punishment is costly. However, these studies focus on situations where there is no uncertainty about others …' behavior. We investigate punishment in a world with “reasonable doubt” about others' contributions. Interestingly, people … level of a setting without punishment. Our findings suggest that sufficient information accuracy about others' behavior is …
Persistent link: https://www.econbiz.de/10013144995