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We use a public-good experiment to analyze behavior in a decentralized asymmetric punishment institution. The … institution is asymmetric in the sense that players differ in the effectiveness of their punishment. At the aggregate level, we … observe remarkable similarities between outcomes in asymmetric and symmetric punishment institutions. Controlling for the …
Persistent link: https://www.econbiz.de/10010266964
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they...
Persistent link: https://www.econbiz.de/10012011030
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they...
Persistent link: https://www.econbiz.de/10012111130
The provision of public goods often benefits a larger group than those who actively provide the public good. In an experimental setting, this paper addresses institutional arrangements between subjects who can provide a public good (insiders) and subjects who benefit from the public good but...
Persistent link: https://www.econbiz.de/10011531593
In this experimental study we analyse three collective and one individual punishment rule in a public good setting. We … show that under all punishment rules cooperation is stronger and more sustainable than reported from settings without … punishment. Moreover, we present evidence and explanations for differences between the rules concerning punishment intensity …
Persistent link: https://www.econbiz.de/10010310527
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
punishment opportunities are restricted to agents who are linked through alternative punishment networks. We find that the … structure of the punishment network significantly impacts contributions to the public good, but not overall efficiencies …. Contributions collapse over decision rounds in groups with limited punishment opportunities, even if the absolute punishment …
Persistent link: https://www.econbiz.de/10010281653
in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important … mechanism to maintain cooperation among humans. In this paper we explore the boundary conditions for altruistic punishment to … maintain cooperation by systematically varying the cost and impact of punishment, using a subject pool which extends beyond the …
Persistent link: https://www.econbiz.de/10010325392
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
goods typically assume a single rational decision-maker. We use a laboratory experiment to compare team decisions to … decisions of individuals in a finitely repeated public good game with and without a costly punishment option. Teams of three … participants coordinate on decisions either by majority or unanimity rule. We find that in absence of a punishment option teams …
Persistent link: https://www.econbiz.de/10011539568