In a four-strategy Prisoner's Dilemma with peer punishers and rewarders, institutional rewards should target the enforcers, institutional punishment should target defectors only, and punishing enforcers destroys cooperation and welfare.
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Co-evolution of social reward and punishment under institutional interventions
In a four-strategy Prisoner's Dilemma with peer punishers and rewarders, institutional rewards should target the enforcers, institutional punishment should target defectors only, and punishing enforcers destroys cooperation and welfare.