Sticks and Carrots: Two Incentive Mechanisms Supporting Intra-group Cooperation

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.

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Bibliographic Details
Main Authors: Janus, Thorsten, Lim, Jamus Jerome
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5880

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