Different carrots and different sticks: Do we reward and punish differently than we approve and disapprove?

This paper reports lab data from four games in order to analyze and compare the motivations behind monetary punishment and reward and their non-monetary counterparts, disapproval and approval, an important question given that both types of punishment/rewards affect cooperation and norm compliance. T...

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Detalhes bibliográficos
Autores: Leibbrandt, Andreas, López Pérez, Raúl
Formato: artículo
Fecha de publicación:2014
País:España
Recursos:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/676087
Acesso em linha:http://hdl.handle.net/10486/676087
https://dx.doi.org/10.1007/s11238-013-9356-5
Access Level:acceso abierto
Palavra-chave:Approval
Disapproval
Inequity aversion
Monetary/non-monetary punishment and reward
Reciprocity
Social norms
Economía
Descrição
Resumo:This paper reports lab data from four games in order to analyze and compare the motivations behind monetary punishment and reward and their non-monetary counterparts, disapproval and approval, an important question given that both types of punishment/rewards affect cooperation and norm compliance. The results in our games support the hypothesis that a motivation akin to reciprocity plays the key role for approval and disapproval whereas payoff comparisons play the key role for monetary rewards and punishment.