Experimental Economics - Data Analysis

Original Graph

EEDAFigure1

EEDAFigure2

EEDAFigure3

Hypothesis 1 - Contribute more after more punishment

EEDANewH1

Hypothesis 1

	delta
	All	‘1’	‘2’	‘3’	‘4’
	(1)	(2)	(3)	(4)	(5)
lastpunish	0.44***	0.80***	0.36***	0.38***	0.39***
	(0.03)	(0.13)	(0.07)	(0.04)	(0.05)
Constant	-0.80***	-1.69***	-1.03***	-0.45**	-0.15
	(0.17)	(0.45)	(0.35)	(0.22)	(0.23)
N	864	216	216	216	216
R2	0.16	0.16	0.10	0.32	0.22
Adjusted R2	0.15	0.15	0.09	0.32	0.21
Residual Std. Error	4.44	6.12	4.56	2.94	3.18
F Statistic	158.18***	39.54***	23.16***	103.00***	58.89***
Notes:	***Significant at the 1 percent level.
	**Significant at the 5 percent level.
	*Significant at the 10 percent level.

Hypothesis 2 - Punish the free riders

EEDANewH2

EEDANewH2.1

Hypothesis 2

	Punish
	All	‘1’	‘2’	‘3’	‘4’
	(1)	(2)	(3)	(4)	(5)
Delta	0.14***	0.15***	0.10***	0.17***	0.12***
	(0.005)	(0.01)	(0.01)	(0.01)	(0.004)
Negative	0.10*	0.13	0.21*	-0.004	0.06
	(0.05)	(0.14)	(0.12)	(0.08)	(0.05)
Pool	0.003***	0.01***	0.004**	-0.003	0.003***
	(0.001)	(0.002)	(0.002)	(0.002)	(0.001)
Delta:Negative	-0.14***	-0.15***	-0.11***	-0.16***	-0.12***
	(0.01)	(0.02)	(0.01)	(0.02)	(0.01)
Constant	-0.15***	-0.25***	-0.16	0.24*	-0.19***
	(0.05)	(0.09)	(0.12)	(0.14)	(0.07)
N	2,880	720	720	720	720
R2	0.25	0.25	0.15	0.34	0.61
Adjusted R2	0.25	0.25	0.15	0.34	0.61
Residual Std. Error	0.89	1.24	0.97	0.72	0.32
F Statistic	237.74***	59.56***	31.64***	92.68***	284.74***
Notes:	***Significant at the 1 percent level.
	**Significant at the 5 percent level.
	*Significant at the 10 percent level.