On the Coevolution of Retribution and Trustworthiness: An (Indirect) Evolutionary and Experimental Analysis

Werner Güth (), Hartmut Kliemt, Maria Levati and Georg von Wangenheim

Journal of Institutional and Theoretical Economics (JITE), 2007, vol. 163, issue 1, 143-157

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.

JEL-codes: B52 C72 C90 (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.mohrsiebeck.com/en/article/on-the-coev ... 28093245607780182008 (text/html)
Fulltext access is included for subscribers to the printed version.

Related works:
Working Paper: On the Co-evolution of Retribution and Trustworthiness: An (Indirect) Evolutionary and Experimental Analysis (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mhr:jinste:urn:sici:0932-4569(200703)163:1_143:otcora_2.0.tx_2-

Ordering information: This journal article can be ordered from
Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany

Access Statistics for this article

Journal of Institutional and Theoretical Economics (JITE) is currently edited by Gerd Mühlheußer and Bayer, Ralph-C

More articles in Journal of Institutional and Theoretical Economics (JITE) from Mohr Siebeck, Tübingen
Bibliographic data for series maintained by Thomas Wolpert ().