Abstract
In a prisoner s dilemma experiment, compared with the case when the implicated parties are allowed to punish each other, both the cooperation rate and the earnings are lower when the enforcement of punishment requires approval from an independent third party.
Original language | English |
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Pages (from-to) | 589 - 591 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 117 |
DOIs | |
Publication status | Published - 2012 |