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Punishment As Revenge, Not Only For Inequity Aversion

Donald Wargo ()
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Donald Wargo: Department of Economics, Temple University

No 1803, DETU Working Papers from 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.

JEL-codes: D91 (search for similar items in EconPapers)
Date: 2018-03
New Economics Papers: this item is included in nep-cbe
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