Institutions as Tools for Overcoming Social Dilemmas

Sigmund, K. (2015). Institutions as Tools for Overcoming Social Dilemmas. In: Systems Analysis 2015 - A Conference in Celebration of Howard Raiffa, 11 -13 November, 2015, Laxenburg, Austria.

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Following the lead of Elinor Ostrom, institutions may be viewed as tools for providing positive or negative incentives to overcome social dilemmas such as the tragedy of the commons. The judicious interplay of rewards and penalties, the role of voluntary participation, and the pros and cons concerning peer action and social institutions raise many questions which are interesting from the viewpoints of modelling, analysis, experimentation, and field research. Whereas peer punishment is threatened by pre-emptive strikes and the escalation of conflicts, institutionalized punishment is endangered by corruption.

Item Type: Conference or Workshop Item (Other)
Research Programs: Evolution and Ecology (EEP)
Depositing User: Michaela Rossini
Date Deposited: 08 Mar 2016 10:26
Last Modified: 14 Jun 2023 13:23

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