Sticks and carrots: Two incentive mechanisms supporting intra-group cooperation
Thorsten Janus and
Jamus Lim
Economics Letters, 2009, vol. 102, issue 3, 177-180
Abstract:
In this note, we introduce two distinct incentive mechanisms that support dynamic intra-group cooperation in the context of prisoner's dilemma payoffs: rewards for cooperating, and punishments for defection, where the rewarding or punishing party may be outside the relationship.
Keywords: Intra-group; cooperation; Prisoner's; dilemma (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:102:y:2009:i:3:p:177-180
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