Abstract / Description of output
It is well documented that the possibility of punishing free-riders increases contributions in one-shot public good games. I demonstrate theoretically that minimal punishment commitments (perhaps provided by anger) may lead to high contribution levels. Thus, almost selfish players may behave as strong reciprocators.
Original language | English |
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Pages (from-to) | 1-4 |
Number of pages | 4 |
Journal | Economics Bulletin |
Volume | 8 |
Issue number | 1 |
Publication status | Published - 2007 |