Abstract
In an experiment we study different peer punishment institutions to shed light on how cooperative norms can emerge in groups. The results suggest that there is a strong emotional component that drives agents to punish and that alters their ability to behave strategically. Moreover, we identify an institution that particularly encourages pro-social behavior; when a coalition of at least two subjects in the group must agree before somebody is punished, group performance dramatically increases.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.