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sanction those who are detected performing the bad act of free-riding. There has been considerable research on the type of … actions of bad actors. However, in many situations bad acts go undetected and unknown to others. We use a lab experiment to …
Persistent link: https://www.econbiz.de/10011865465
sanction those who are detected performing the bad act of free-riding. There has been considerable research on the type of … actions of bad actors. However, in many situations bad acts go undetected and unknown to others.We use a lab experiment to …
Persistent link: https://www.econbiz.de/10012918262
actions seems most important. key-words: Informal Sanction, Social Norm, Social Capital, Strategic Sanction, Fairness …
Persistent link: https://www.econbiz.de/10014123017
Informal sanctions are a major determinant of a society's social capital because they are key to the enforcement of implicit agreements and social norms. Yet, little is known about the driving forces behind informal sanctions. We examine systematically the determinants of informal sanctions by a...
Persistent link: https://www.econbiz.de/10014144647
theories of fairness and reciprocity capture these forces. We find that cooperators' punishment is almost exclusively targeted … towards the defectors but the latter also impose a considerable amount of spiteful punishment on the cooperators. However …, spiteful punishment vanishes if the punishers can no longer affect the payoff differences between themselves and the punished …
Persistent link: https://www.econbiz.de/10013318436
sanction scheme capable both of resolving and of exacerbating the free-rider problem, depending on parameter settings. Most …
Persistent link: https://www.econbiz.de/10011344858
of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly …Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty … will be punished is dissolved and the timing at which the punishment is actually imposed, as well as the combination …
Persistent link: https://www.econbiz.de/10013247244
of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly …Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty … will be punished is dissolved and the timing at which the punishment is actually imposed, as well as the combination …
Persistent link: https://www.econbiz.de/10012840682
This paper studies monitoring and punishment behavior by second and third parties in a cooperation experiment with … stage, but can decide to resolve the information imperfection at non-negative cost at the punishment stage. We examine how … monitoring and punishment respond to changes in monitoring costs, and exploit the evidence to gain new insights about …
Persistent link: https://www.econbiz.de/10009771159
of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly …Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty … will be punished is dissolved and the timing at which the punishment is actually imposed, as well as the combination …
Persistent link: https://www.econbiz.de/10012171815