In a punishment experiment, we separate the demand for punishment in general from a possible demand to conduct …, afterwards, subjects take part in a second price auction for the right to (physically) carry out the act of payoff reduction …. This auction only resolves who will punish, not whether punishment takes place, so only subjects with a demand for personal …

In a punishment experiment, we separate the demand for punishment in general from a possible demand to conduct …, afterwards, subjects take part in a second price auction for the right to (physically) carry out the act of payoff reduction …. This auction only resolves who will punish, not whether punishment takes place, so only subjects with a demand for personal …

In a punishment experiment, we separate the demand for punishment in general from the demand to conduct punishment …, afterwards, subjects take part in a second price auction for the right to (physically) carry out the act of payoff reduction …

In a punishment experiment, we separate the demand for punishment in general from the demand to conduct punishment …, afterwards, subjects take part in a second price auction for the right to (physically) carry out the act of payoff reduction …

In a punishment experiment, we separate the demand for punishment in general from the demand to conduct punishment …, afterwards, subjects take part in a second price auction for the right to (physically) carry out the act of payoff reduction …

In a punishment experiment, we separate the demand for punishmentin general from a possible demand to conduct …, afterwards, subjects take part in asecond price auction for the right to (physically) carry out the actof payoff reduction. This … auction only resolves who will punish, notwhether punishment takes place, so only subjects with a demand forpersonal …

such procurement is an English auction followed by an auctioneer's option to engage in ultimatum bargaining with the winner …. We study behavior and performance in this procurement format using a laboratory experiment. Sellers closely follow the … equilibrium strategy of exiting the auction at their costs and then accepting strictly profitable offers. Buyers generally …

such procurement is an English auction followed by an auctioneer's option to engage in ultimatum bargaining with the winner …. We study behavior and performance in this procurement format using a laboratory experiment. Sellers closely follow the … equilibrium strategy of exiting the auction at their costs and then accepting strictly profitable offers. Buyers generally …

such procurement is an English auction followed by an auctioneer’s option to engage in ultimatum bargaining with the … winner. We study behavior and performance in this procurement format using a laboratory experiment. Sellers closely follow … the equilibrium strategy of exiting the auction at their costs and then accepting strictly profitable offers. Buyers …