Showing 1 - 10 of 3,415
Recent experiments show that public goods can be provided at high levels when mutual monitoring and costly punishment … are allowed. All these experiments, however, study monitoring and punishment in a setting where all agents can monitor and … punish each other (i.e., in a complete network). The architecture of social networks becomes important when individuals can …
Persistent link: https://www.econbiz.de/10010278606
punishment opportunities are restricted to agents who are linked through alternative punishment networks. We find that the … allowing for the costs of sanctions, efficiencies are similar across the different networks that allow for punishment and the …-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions where …
Persistent link: https://www.econbiz.de/10010281653
Monitoring by peers is often an effective means of attenuating incentive problems. Most explanations of the efficacy of … mutual monitoring rely either on small group size or on a version of the Folk theorem with repeated interactions which … in which the effectiveness of mutual monitoring depends not on these factors, but rather on strong reciprocity: the …
Persistent link: https://www.econbiz.de/10010267388
a punishment regime, in which certain individuals are permitted, but not required, to have punishment directed toward … them. The punishment system can condition on type and contribution history. The results indicate that the most effective … regime, in terms of contributions and earnings, is one that allows punishment of low contributors only, regardless of …
Persistent link: https://www.econbiz.de/10010276039
Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding … strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is … rates no lower than small groups because punishment does not fall appreciably in large groups. However, hindrances to …
Persistent link: https://www.econbiz.de/10010262078
cooperation and efficiency in a social dilemma change in response to varying how monitoring and punishment are jointly organized … hypothesized, we find that delegated punishment outperforms other punishment regimes, irrespective of the monitoring regime, both … to the baseline unless accompanied by a credible punishment. When combined with a punishment institution, both monitoring …
Persistent link: https://www.econbiz.de/10014476203
This paper reports results from an experiment studying how fines, leniency programs and reward schemes for …
Persistent link: https://www.econbiz.de/10010320343
anger, ‘social’ emotions like shame and guilt need to be present for punishment to be an effective deterrent of …
Persistent link: https://www.econbiz.de/10010325579
party punishment. Status is conveyed by surname; half of the third parties face dictators with a noble name and half face …'s decisions to use economic punishment, and that this holds true in situations where reputation or strategic concerns have no …
Persistent link: https://www.econbiz.de/10010281365
purposes of punishment, deterrence and special prevention. We investigate Bentham's intuition in a public goods lab experiment …The most famous element in Bentham's theory of punishment, the Panopticon Prison, expresses his view of the two … by manipulating how much information on punishment experienced by others is available to would-be offenders. Compared …
Persistent link: https://www.econbiz.de/10010270435