An Experiment on Waiting Time and Punishing Behavior

We investigate the implications of waiting time on the decision to punish in a power-to-take experiment. We find that (a) waiting reduces the overall probability of destroying and (b) responders destroy more often in response to higher take rates when the waiting time is longer.

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Year of publication:	2013-06-07
Authors:	Galeotti, Fabio
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 33.2013, 2, p. 1383-1389
Publisher:	AccessEcon
Subject:	experiment \| punishment \| waiting time \| power-to-take

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Extent:	application/pdf
Type of publication:	Article
Classification:	C9 - Design of Experiments ; C7 - Game Theory and Bargaining Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010835937