2006-01-20Buch DOI: 10.18452/3708
Why the rich are nastier than the poor
A note on optimal punishment
Studying evolutionarily successful behavior we show in a general framework that when individuals maximizing payoff differentials invest resources in punishing others. Interestingly, these investments are increasing in individuals, own wealth and decreasing in the wealth of others.
Dateien zu dieser Publikation
Is Part Of Series: Sonderforschungsbereich 373: Quantification and Simulation of Economic Processes - 8, SFB 373 Papers, ISSN:1436-1086