We conduct a prisoner’s dilemma experiment with a punishment/reward stage, where punishments and rewards are risky …

laboratory studies, the demand for punishment and reward are studied separately from one another. This paper presents the results … from an experiment measuring the demand for reward and punishment by 'unaffected' third parties, separately and jointly. We … find that the demand for costly punishment is substantially lower when individuals are also given the ability to reward …

laboratory studies, the demand for punishment and reward are studied separately from one another. This paper presents the results … from an experiment measuring the demand for reward and punishment by ‘unaffected’ third parties, separately and jointly. We … find that the demand for costly punishment is substantially lower when individuals are also given the ability to reward …

can precisely compare the strength of intention- and distribution-based motives for reward/punishment. Doing so requires …

lost wallet trust game (Dufwenberg and Gneezy (2000)) that permits punishment. Like previous studies, we collect data on … what you think others expect you to do has a zero causal effect on both reward and punishment decisions. We also find that …

choice, groups typically vote for the reward option, even though punishment is actually more effective in sustaining high …