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Volumn 312, Issue 5770, 2006, Pages 108-111

The competitive advantage of sanctioning institutions

Author keywords

[No Author keywords available]

Indexed keywords

COMPETITION; SOCIAL ASPECTS;

EID: 33645679620     PISSN: 00368075     EISSN: 10959203     Source Type: Journal    
DOI: 10.1126/science.1123633     Document Type: Article
Times cited : (719)

References (35)
  • 13
    • 84920465182 scopus 로고    scopus 로고
    • Oxford Univ. Press, Oxford
    • K. Binmore, Natural Justice (Oxford Univ. Press, Oxford, 2005).
    • (2005) Natural Justice
    • Binmore, K.1
  • 27
    • 33645690009 scopus 로고    scopus 로고
    • note
    • Materials and methods are available as supporting material on Science Online.
  • 30
    • 33645668555 scopus 로고    scopus 로고
    • note
    • Figure S1 displays the exact flow in both directions between institutions from one period to the next.
  • 32
    • 33645683932 scopus 로고    scopus 로고
    • note
    • A logistic regression shows that the stay duration in S1 in terms of the number of periods has a significantly negative influence on the likelihood of punishing others (table S1). Note, however, that individually exerted punishment may be lowered over time to effectively punish a free-rider because the number of potential punishers becomes larger. Indeed, average payoffs of free-riders decrease over periods, as can be seen from fig. S2.
  • 33
    • 33645653652 scopus 로고    scopus 로고
    • note
    • In the last 10 periods, subjects who contribute highly and punish reach on average 98.7% of the payoff of subjects who contribute highly but do not punish.
  • 35
    • 33645656665 scopus 로고    scopus 로고
    • note
    • We thank S. Bowles, E. Fehr, U. Fischbacher, S. Gächter, H. Gintis, G. Harrison, J. Henrich, M. Peacock, and R. Selten for helpful comments.


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.