Showing 1 - 10 of 7,882
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/10008693833
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/10005703699
demonstrating that both, criminals and inspectors, are affected by punishment levels. Thereupon, we investigate with agent … that humans show both kinds of bounded rationality in the strategic situation of crime, control and punishment. We conclude … that it is not the rationality but the bounded rationality in humans that makes punishment effective. …
Persistent link: https://www.econbiz.de/10004983508
This paper studies monitoring and punishment behavior by second and third parties in a cooperation experiment with … monitoring and punishment respond to changes in monitoring costs, and exploit the evidence to gain new insights about … to increasingly weaker incentives for cooperation relative to second party punishment as monitoring costs rise. In …
Persistent link: https://www.econbiz.de/10010895506
Donors often rely on local intermediaries to deliver benefits to target beneficiaries. Each selected recipient observes if the intermediary under-delivers to them, so they serve as natural monitors. However, they may withhold complaints when feeling unentitled or grateful to the intermediary for...
Persistent link: https://www.econbiz.de/10010851320
Donors often rely on local intermediaries to deliver benefits to target beneficiaries. Each selected recipient observes if the intermediary under-delivers to them, so they serve as natural monitors. However, they may withhold complaints when feeling unentitled or grateful to the intermediary for...
Persistent link: https://www.econbiz.de/10005772176
- collusive or competitive - increasing the level of monitoring and punishment may have different impacts on corruption. If the … two groups of public officials had been demonstrating collusive behavior, increased monitoring or punishment reduces both …, increased monitoring reduces the level of corruption, but increases the corruption revenues collected. Only after reaching the …
Persistent link: https://www.econbiz.de/10005141307
We report experimental findings on the impact of network structure on decentralized monitoring and punishment in public … exogenously determined network. We examine contributions and punishment decisions in a Complete network, a Circle network, and an … this hypothesis. However, the data indicate that some punishers may be deterred from issuing discriminatory punishment by …
Persistent link: https://www.econbiz.de/10011095128
alternative punishment networks. Our results show that the structure of punishment network significantly affects allocations to …-governed monitoring and sanctioning. This experimental study investigates the effectiveness of decentralized sanctioning institutions in … the public good. In addition, we observe that network configurations are more important than punishment capacities for the …
Persistent link: https://www.econbiz.de/10011241971
alternative punishment networks. Our results show that the structure of punishment network significantly affects allocations to …-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions in … the public good. In addition, we observe that network configurations are more important than punishment capacities for the …
Persistent link: https://www.econbiz.de/10010890961