Monopolizing Sanctioning Power under Noise Eliminates Perverse Punishment But Does Not Increase Cooperation

@inproceedings{Fischer2016MonopolizingSP,
  title={Monopolizing Sanctioning Power under Noise Eliminates Perverse Punishment But Does Not Increase Cooperation},
  author={Sven Fischer and Kristoffel Grechenig and Nicolas Meier},
  booktitle={Front. Behav. Neurosci.},
  year={2016}
}
We run several experiments which allow us to compare cooperation under perfect and imperfect information in a centralized and decentralized punishment regime. Under perfect and extremely noisy information, aggregate behavior does not differ between institutions. Under intermediate noise, punishment escalates in the decentralized peer-to-peer punishment regime which badly affects efficiency while sustaining cooperation for longer. Only decentralized punishment is often directed at cooperators… CONTINUE READING
Recent Discussions
This paper has been referenced on Twitter 3 times over the past 90 days. VIEW TWEETS