Self-Governance in Generalized Exchange. A Laboratory Experiment on the Structural Embeddedness of Peer Punishment
Peer punishment is widely lauded as a decentralized solution to the problem of social cooperation. However, experimental evidence of its effectiveness primarily stems from public good structures. This paper explores peer punishment in another structural setting: a system of generalized exchange. In...
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Format: | Article |
Language: | English |
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MDPI AG
2021-06-01
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Series: | Games |
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Online Access: | https://www.mdpi.com/2073-4336/12/2/50 |