Article ID: | iaor20031438 |
Country: | Netherlands |
Volume: | 140 |
Issue: | 2 |
Start Page Number: | 241 |
End Page Number: | 248 |
Publication Date: | Jul 2002 |
Journal: | European Journal of Operational Research |
Authors: | Leopold-Wildburger Ulrike, Schuetze Joerg H., Lafer Alois |
Keywords: | game theory |
In our study we intend to gain insight into the behavior of individuals in conflict situations which can be interpreted as sanctions. There are hardly any models of sanctions in the literature which can be compared with our idea. An experiment is modeled to analyze the behavior of individuals in a situation similar to a sequential prisoners' dilemma. Contingent decisions give us the chance to measure punishment and sanctions using one-shot games. Our approach is similar to an extended model by Bolton