Norm Enforcement: The Role of Third Parties
To 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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Volume (Year): 166 (2010)
Issue (Month): 2 (June)
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106, Institute for Empirical Research in Economics - University of Zurich.
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