An Experiment on Waiting Time and Punishing Behavior
Fabio Galeotti
Economics Bulletin, 2013, vol. 33, issue 2, 1383-1389
Abstract:
We investigate the implications of waiting time on the decision to punish in a power-to-take experiment. We find that (a) waiting reduces the overall probability of destroying and (b) responders destroy more often in response to higher take rates when the waiting time is longer.
Keywords: experiment; punishment; waiting time; power-to-take (search for similar items in EconPapers)
JEL-codes: C7 C9 (search for similar items in EconPapers)
Date: 2013-06-07
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-13-00160
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