Players with ________ preferences experience a utility ________ when they punish players who have defected.If this change in utility is big enough to outweigh the direct cost to a punisher of inflicting a punishment,then threats of decentralized punishment become credible.

Question

Quizplus · Accepted Answer

The concept of reciprocal altruism suggests that individuals are more likely to cooperate if they believe that cooperation will be reciprocated in the future. Negative reciprocal preferences are a type of reciprocity where individuals are willing to punish others who do not cooperate because they believe that it will deter future non-cooperation. Therefore, the utility of individuals with negative reciprocal preferences increases when they punish defectors, making threats of decentralized punishment more credible. The word "boost" in option C supports this explanation.

Players with ________ Preferences Experience a Utility ________ When They

Players with Preferences Experience a Utility When They