Previous findings on punishment have focused on environments in which the outcomes are known with certainty. In this … paper, we conduct experiments to investigate how punishment affects cooperation in a two-person stochastic prisoner … specified probabilistically under a transparent information condition. In particular, we study two types of punishment …

Previous findings on punishment have focused on environments in which the outcomes are known with certainty. In this … paper, we conduct experiments to investigate how punishment affects cooperation in a two-person stochastic prisoner … specified probabilistically under a transparent information condition. In particular, we study two types of punishment …

We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation … cooperation with punishment which leads to a decrease in conditional cooperation. The power to punish means more responsibility …

Laboratory experiments by Fudenberg and Pathak (2010), and Vyrastekova, Funaki and Takeuch (2008) show that punishment … results demonstrate that the real power of unobserved punishment is unleashed when combined with observable punishment …. Providing both unobserved and observed punishment strongly enhances cooperation within groups - strikingly, even with less …

two key controls, the inspection budget and the punishment fine. Introducing a simple linguistic twist, we also capture …

laboratory experiment in which subjects lack any private material incentive to report partners’ actions, we find that most …