Table 4:

Changes in extractions in response to punishment. We estimate the same models as Cason and Gangadharan (2015) and Masclet et al. (2003): one for extractions above the group average, another for extractions below the group average. “X” indicates an interaction. We control for subject random effects and we cluster standard errors at the group level. We test for treatment differences between Equal and Unequal using χ2 tests.

Extractions below averageExtractions above average
(1)(2)(3)(4)
Deviation in t−0.839***−0.852***−1.128***−1.175***
(0.12)(0.12)(0.12)(0.13)
Punishment in t × Equal−0.065***−0.064***−0.0030.001
(0.01)(0.01)(0.04)(0.04)
Punishment in t ×Unequal−0.123*** −0.305*** 
(0.04) (0.01) 
Punishment in t × Low −0.045*** 0.438
 (0.01) (0.28)
Punishment in t × Hight −0.160*** −0.482***
 (0.04) (0.08)
Constant−3.117***−3.127***−1.932**−2.593***
(0.07)(0.05)(0.96)(0.92)
N451451414414
χ2 test for treatment1.77 7.31*** 
differences    
*

p < 0.10

**

p < 0.05

***

p < 0.01.

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