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In the long-run we are all dead: on the benefits of peer punishment in rich environments
- 1.0449394 - NHÚ 2016 RIV DE eng J - Journal Article
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
Institutional support: RVO:67985998
Keywords : peer punishment * group behavior * public goods
Subject RIV: AH - Economics
Impact factor: 0.593, year: 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.
Permanent Link: http://hdl.handle.net/11104/0250979
Number of the records: 1