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Punishment As Revenge, Not Only For Inequity Aversion


  • Donald T. Wargo

    () (Department of Economics, Temple University)


This paper shows that punishment arises not only from inequity aversion but also from revenge itself (a desire for reciprocity). We perform face-to-face revenge/punishment experiments by randomly recruiting the students at a major U.S. University. Our results show that punishment is motivated by both inequity aversion and revenge.

Suggested Citation

  • Donald T. Wargo, 2018. "Punishment As Revenge, Not Only For Inequity Aversion," DETU Working Papers 1803, Department of Economics, Temple University.
  • Handle: RePEc:tem:wpaper:1803

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    Cited by:

    1. Mendoza, Freddy & Restrepo-Plaza, Lina, 2020. "Justicia de Mano Propia: Un Experimento de Castigos de Terceros," Working papers 61, Red Investigadores de Economía.

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    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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