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Why the rich are nastier than the poor: A note on optimal punishment

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  • Huck, Steffen
  • Müller, Wieland

Abstract

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.

Suggested Citation

  • Huck, Steffen & Müller, Wieland, 1998. "Why the rich are nastier than the poor: A note on optimal punishment," SFB 373 Discussion Papers 1998,8, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
    • Handle: RePEc:zbw:sfb373:19988
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