Why the rich are nastier than the poor : a note on optimal punishment

Steffen Huck and Wieland Müller

Studying evolutionarily successful behavior we show in a general framework that when individuals maximizing payoff differentials invest resources in punishing others. Interestingly, these investments are increasing in individuals, own wealth and decreasing in the wealth of others.

Year of publication:	1998
Authors:	Huck, Steffen ; Müller, Wieland
Institutions:	Sonderforschungsbereich Quantifikation und Simulation Ökonomischer Prozesse (contributor)
Publisher:	Berlin : Humboldt-Universität
Subject:	Strafe \| Punishment \| Spieltheorie \| Game theory \| Einkommensverteilung \| Income distribution \| Evolutionsökonomik \| Evolutionary economics

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