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Punishment As Revenge, Not Only For Inequity Aversion

Author

Listed:
  • Donald T. Wargo

    (Department of Economics, Temple University)

Abstract

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
    as

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    File URL: http://www.cla.temple.edu/RePEc/documents/DETU_18_03.pdf
    File Function: First version, 2018
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    References listed on IDEAS

    as
    1. Christopher T. Dawes & James H. Fowler & Tim Johnson & Richard McElreath & Oleg Smirnov, 2007. "Egalitarian motives in humans," Nature, Nature, vol. 446(7137), pages 794-796, April.
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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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    More about this item

    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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