The research agenda that guides this dissertation is characterized by the three aspects specified in the title. First, all of the projects are experimental investigations. That is, I apply the method of incentivized economic experiments in order to answer research questions through the...

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's dilemma environment where each person can decide whether or...