Sticks and carrots: Two incentive mechanisms supporting intra-group cooperation

In this note, we introduce two distinct incentive mechanisms that support dynamic intra-group cooperation in the context of prisoner's dilemma payoffs: rewards for cooperating, and punishments for defection, where the rewarding or punishing party may be outside the relationship.

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Year of publication:	2009
Authors:	Janus, Thorsten ; Lim, Jamus Jerome
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 102.2009, 3, p. 177-180
Publisher:	Elsevier
Subject:	Intra-group cooperation Prisoner's dilemma

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005023504