Punishing the weakest link - voluntary sanctions and efficient coordination in the minimum effort game

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F23%3A00576265" target="_blank" >RIV/67985998:_____/23:00576265 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11640/23:00582621
Result on the web
<a href="https://doi.org/10.1007/s11238-023-09931-1" target="_blank" >https://doi.org/10.1007/s11238-023-09931-1</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s11238-023-09931-1" target="_blank" >10.1007/s11238-023-09931-1</a>

Result language
angličtina
Original language name
Punishing the weakest link - voluntary sanctions and efficient coordination in the minimum effort game
Original language description
Using a laboratory experiment, we examine whether voluntary sanctions induce subjects to coordinate more efficiently in a repeated minimum-effort game. While most groups first experience Pareto inferior coordination in a baseline treatment, the level of effort increases substantially once ex post sanctioning opportunities are introduced, that is, when one can assign costly punishment points to other group members to reduce their payoffs. We compare the effect of this voluntary punishment possibility with the effect of ex post costless communication, which in contrast to the punishment treatment increases efforts only temporarily and fails to bring the players to higher payoff equilibria permanently. Our results indicate that decentralized sanctions can play an important role as a coordination device in Pareto-ranked coordination settings. They also suggest that the motivations behind voluntary sanctions may be more general than usually put forth in the literature on cooperation games.
Czech name
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Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics

Project
<a href="/en/project/GBP402%2F12%2FG130" target="_blank" >GBP402/12/G130: The relationships between skills, schooling and labor market outcomes: A longitudinal study</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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