Why can punishment work in a linear public good game according to the Fehr-Schmidt model if only

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Why can punishment work in a linear public good game according to the Fehr-Schmidt model if only one person is willing to punish, but in the ERC model only if two people are willing to punish?

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Behavioral Economics

ISBN: 9780415737616

2nd Edition

Authors: Edward Cartwright

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Question Posted: Nov 12, 2024 02:00 AM

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Why can punishment work in a linear public good game according to the Fehr-Schmidt model if only

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Behavioral Economics

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