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| Author: | Congleton, R.D. Vanberg, V.J. |
| Title: | Help, harm or avoid? On the personal advantage of dispositions to cooperate and punish in multilateral PD games with exit |
| Journal: | Journal of Economic Behavior and Organization
2001 : FEB, VOL. 44:2, p. 145-167 |
| Index terms: | CO-OPERATION GAME THEORY TEAM WORK |
| Language: | eng |
| Abstract: | Simulated round-robin tournaments are used 1. to assess the relative performance of non-defecting, conditionally cooperative programs in a three-person PD setting where exit is possible (PDEs) and 2. to assess the importance of sanctions for the success of joint enterprises. The authors find that the possibility of exit allows individuals to escape from dysfunctional teams which increases the potential benefits of cooperation while reducing those associated with free-riding. They also find that punishment, especially targeted punishment, is critical to the success of shorter term enterprises. |
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