Sustaining Cooperation: Community Enforcement vs. Specialized Enforcement
نویسندگان
چکیده
منابع مشابه
Sustaining Cooperation: Community Enforcement vs. Specialized Enforcement∗
We introduce the possibility of direct punishment by specialized enforcers into a model of community enforcement. Specialized enforcers need to be given incentives to carry out costly punishments. Our main result shows that, when the specialized enforcement technology is suffi ciently effective, cooperation is best sustained by a “one-time enforcer punishment equilibrium,” where any deviation b...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2648337