Calabuig, Vicente; Fatas, Enrique; Olcina, Gonzalo; … - Estructura de Recerca Interdisciplinar Comportament … - 2013
We investigate the effect of punishment in a trust game with endowment heterogeneity in which the investor may punish the allocator at a cost. Our results indicate that the effect of the punishment crucially depends on the investor’s capacity of punishment, that is measured in our experiment...