Duersch, Peter; Servátka, Maroš - Alfred-Weber-Institut für Wirtschaftswissenschaften, … - 2009
This paper experimentally investigates whether risk-averse individuals punish less if the outcome of punishment is … is played; Certain Punishment in which the prisoner’s dilemma game is followed by a punishment stage allowing subjects to … decrease the other player’s payoff by 2 Euros; and Uncertain Punishment in which subjects could decrease the other player …