Aufsatz in einer Fachzeitschrift
On the co-evolution of retribution and trustworthiness - An (indirect) evolutionary and experimental analysis



Details zur Publikation
Autor(inn)en:
Güth, W.; Kliemt, H.; Levati, V.; von Wangenheim, G.
Publikationsjahr:
2007
Zeitschrift:
Journal of Institutional and Theoretical Economics
Seitenbereich:
143-157
Jahrgang/Band:
163
ISSN:
0932-4569

Zusammenfassung, Abstract
Standard economic explanations of good conduct in trade rely almost exclusively on future-directed extrinsic motivations induced by material incentives. But intrinsic motives to behave trustworthily and to punish untrustworthiness do support trade. In our model, intrinsically motivated players are aware of their own type and observe the population share of other types. The material success of various types and their coevolution are analyzed, and it is checked whether the dynamics of the indirect evolutionary analysis are replicated in the laboratory.


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Zuletzt aktualisiert 2019-05-11 um 12:57