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Economic theories of punishment focus on determining the levels that provide maximal social material payoffs. In calculating these levels several parameters are key: total social costs, total social benefits and the probability that offenders are apprehended. However, levels of punishment often...
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Cooperation in one-shot anonymous interactions is a widely documented aspect of human behaviour. Here we shed light on the motivations behind this behaviour by experimentally exploring cooperation in a one-shot continuous-strategy Prisoner's Dilemma (i.e. one-shot two-player Public Goods Game)....
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While there has been a recent increase in focus on the role of early life socioeconomic status (SES) on preferences and decision-making, there is still debate surrounding the proper theoretical framework for understanding such effects. Some have argued that early life SES can fundamentally shift...
Persistent link: https://www.econbiz.de/10012932838