Cooperation and the beneficial race for second-worst: "James Andreoni, Laura Katherine Gee, 14 June 2011
How should a small organisation – a firm, a university, a sports team – encourage good behaviour? While punishment can often make things worse, this column proposes and tests a method the authors call the “hired gun”. By punishing only the worst offender, everyone is given an incentive to be the second-worst offender. If everyone follows that strategy, good behaviour soon follows.
Full Article: Cooperation and the beneficial race for second-worst"
How should a small organisation – a firm, a university, a sports team – encourage good behaviour? While punishment can often make things worse, this column proposes and tests a method the authors call the “hired gun”. By punishing only the worst offender, everyone is given an incentive to be the second-worst offender. If everyone follows that strategy, good behaviour soon follows.
Full Article: Cooperation and the beneficial race for second-worst"
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