The cost of noise: Stochastic punishment falls short of sustaining cooperation in social dilemma experiments.

Identifying mechanisms able to sustain costly cooperation among self-interested agents is a central problem across social and biological sciences. One possible solution is peer punishment: when agents have an opportunity to sanction defectors, classical behavioral experiments suggest that cooperation can take root. Overlooked from standard experimental designs, however, is the fact that real-world human punishment-the administration of justice-is intrinsically noisy.