Graduated punishment is efficient in resource management if people are heterogeneous.

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Summary

The conditions in which graduated punishment enforces cooperation most efficiently are studied, finding that the graduated punishment is the most efficient rule if there is a small probability that player's action is reported incorrectly and if players are heterogeneous in their sensitivity to utility (or payoff) difference.

Type
article
Published
2013-09-21
Cited by
28
References
46

Keywords

Punishment (psychology), Tragedy of the commons, Harm, Stochastic game, Social dilemma

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