Punishment - Publications - Faculty & Research

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10 Mar 2009
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First Look: March 10, 2009

monopsony implies that wage changes have small effects on profits so that employer altruism affects wages as well. Even selfish firms act altruistically if workers punish firms that fail to do so. If the marginal utility of income falls... View Details

Keywords: Martha Lagace

20 Mar 2012
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First Look: March 20

economic actors. Capitalist competition takes place in markets that exist in legal and regulatory frameworks and are governed by a political authority with the power and legitimacy to empower as well as regulate behavior and punish... View Details

Keywords: Sean Silverthorne

20 Dec 2016
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December 20, 2016

businesspeople. In the other, meetings are forbidden, business legitimacy is low, and people set high taxes to punish the businesspeople for their corrupt behavior. Download working paper:... View Details

Keywords: Carmen Nobel

06 Feb 2018
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First Look at New Research and Ideas: February 6, 2018

manufacturers to influence prices set by their downstream partners. A MAP policy imposes a lower bound on advertised prices, subjecting violating retailers to punishments such as termination of distribution agreements. Despite this... View Details