Norm Enforcement: The Role of Third Parties
AbstractTo be effective, norm enforcement often requires the participation of unaffected third parties. The logic of third-party intervention has, however, proven elusive because the costs always seem to outweigh the benefits. Using an evolutionary game theoretic approach, we posit that the intervention of unaffected bystanders is a triggered normative response and show that generalized punishment norms survive in one of the two stable equilibria subject to selection drift.
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Bibliographic InfoArticle provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.
Volume (Year): 166 (2010)
Issue (Month): 2 (June)
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- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- D3 - Microeconomics - - Distribution
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
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- Jeffrey V. Butler & Pierluigi Conzo & Martin A. Leroch, 2013.
"Social Identity and Punishment,"
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TWI Research Paper Series
85, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
- Lisa Bruttel & Werner Güth, 2013. "Tit for Others' Tat Repeated Prisoner's Dilemma Experiments with Third-Party Monitoring and Indirect Punishment," Working Paper Series of the Department of Economics, University of Konstanz 2013-22, Department of Economics, University of Konstanz.
- Lisa Bruttel & Werner Güth, 2013. "Tit for Others' Tat Repeated Prisoner's Dilemma Experiments with Third-Party Monitoring and Indirect Punishment," Jena Economic Research Papers 2013-043, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- Jeffrey Carpenter & Peter Matthews, 2009.
"What norms trigger punishment?,"
Springer, vol. 12(3), pages 272-288, September.
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