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simple voting experiment, we show that many voters are willing to engage in voting as a form of punishment, even when voting …Altruistic punishment is a fundamental driver for cooperation in human interactions. In this paper, we expand our … understanding of this form of costly punishment to help explain a puzzle of voting behavior: why do people who are indifferent …
Persistent link: https://www.econbiz.de/10013315578
We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation … cooperation with punishment which leads to a decrease in conditional cooperation. The power to punish means more responsibility …
Persistent link: https://www.econbiz.de/10012912687
As predicted by loss aversion, numerous studies find that penalties elicit greater effort than bonuses, even when the underlying payoffs are identical. However, loss aversion also predicts that workers will demand higher wages to accept penalty contracts. In six experiments I recruited workers...
Persistent link: https://www.econbiz.de/10012962112
This paper studies whether people can avoid punishment by remaining willfully ignorant about possible negative … consequences of their actions for others. We employ a laboratory experiment, using modified dictator games in which a dictator can …
Persistent link: https://www.econbiz.de/10013315744
engage in punishment. Analyzing the interplay between types in an additional experiment, we show that pro-social punishers … punishment as well as their relative importance for mitigating social dilemmas. Using a novel strategy-method approach we … identify individual punishment patterns and link them with individual cooperation patterns. Classifying N = 628 subjects along …
Persistent link: https://www.econbiz.de/10012963401
unemployed to front-load search effort prior to monitoring. This causes the job finding rate to increase above the post sanction …
Persistent link: https://www.econbiz.de/10013117785
This article contributes to the literature on stock market integration by developing and estimating a capital asset pricing model with segmentation effects in order to assess stock market segmentation and its effects on risk premia at the regional level. We show that the estimated degrees of...
Persistent link: https://www.econbiz.de/10013084011
This paper offers a new argument for why a more aggressive enforcement of minor offenses ('zero-tolerance') may yield a double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in which people gain social status among their peers...
Persistent link: https://www.econbiz.de/10012779694
In repeated normal-form (simultaneous-move) games, simple penal codes (Abreu, 1986, 1988) permit an elegant characterization of the set of subgame-perfect outcomes. We show that the logic of simple penal codes fails in repeated extensive-form games. By means of examples, we identify two types of...
Persistent link: https://www.econbiz.de/10013315551
In 2007, the Wall Street Journal published an article claiming that each execution saves more than 70 lives. This example is used to show how easy it is, using simple or advanced econometric techniques, to produce results that do or do not support the deterrence hypothesis. Moreover, we also...
Persistent link: https://www.econbiz.de/10013316017