Table 2: Average period earnings, in...

Table 2:

Average period earnings, in EDs, across treatments.

	Aggregate (all periods)		Early (periods 1–7)		Late (periods 8–15)
	No Punishment	Punishment	No Punishment	Punishment	No Punishment	Punishment
Equal	103.75	80.92	105.72	69.75	101.77	92.08
	(4.85)	(34.40)	(4.27)	(44.71)	(4.81)	(15.86)
Unequal	105.91	100.77	106.42	97.51	105.40	104.03
	(15.24)	(13.90)	(11.28)	(15.97)	(18.77)	(11.03)
Low	92.50	93.30	96.82	87.24	28.12	88.18
	(7.63)	(12.06)	(5.81)	(13.06)	(6.95)	(7.54)
High	119.32	108.24	116.02	107.77	122.62	108.71
	(6.19)	(11.62)	(5.30)	(11.63)	(5.39)	(12.40)

	Aggregate (all periods)		Early (periods 1–7)		Late (periods 8–15)
	No Punishment	Punishment	No Punishment	Punishment	No Punishment	Punishment
Equal	103.75	80.92	105.72	69.75	101.77	92.08
	(4.85)	(34.40)	(4.27)	(44.71)	(4.81)	(15.86)
Unequal	105.91	100.77	106.42	97.51	105.40	104.03
	(15.24)	(13.90)	(11.28)	(15.97)	(18.77)	(11.03)
Low	92.50	93.30	96.82	87.24	28.12	88.18
	(7.63)	(12.06)	(5.81)	(13.06)	(6.95)	(7.54)
High	119.32	108.24	116.02	107.77	122.62	108.71
	(6.19)	(11.62)	(5.30)	(11.63)	(5.39)	(12.40)

Averages are calculated at the group level and over time: aggregate (all periods), the first seven periods (Early) and the remaining eight periods (Late). Standard deviations are shown in parentheses. There are N = 8 independent groups per treatment.

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