In the long-run we are all dead: on the benefits of peer punishment in rich environments

0449394 - NHÚ 2016 RIV DE eng J - Článek v odborném periodiku
Engelmann, Dirk - Nikiforakis, N.
In the long-run we are all dead: on the benefits of peer punishment in rich environments.
Social Choice and Welfare. Roč. 45, č. 3 (2015), s. 561-577. ISSN 0176-1714. E-ISSN 1432-217X
Institucionální podpora: RVO:67985998
Klíčová slova: peer punishment * group behavior * public goods
Kód oboru RIV: AH - Ekonomie
Impakt faktor: 0.593, rok: 2015

We investigate whether peer punishment is an efficient mechanism for enforcing cooperation in an experiment with a long time horizon. Previous evidence suggests that the costs of peer punishment can be outweighed by the benefits of higher cooperation if (i) there is a sufficiently long time horizon and (ii) punishment cannot be avenged. We use a design that imposes minimal restrictions on who can punish whom or when, and allows participants to employ a wide range of punishment strategies including retaliation of punishment.
Trvalý link: http://hdl.handle.net/11104/0250979