Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061800 | Economics Letters | 2009 | 4 Pages |
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
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Thorsten Janus, Jamus Jerome Lim,