Inequality aversion and antisocial punishment
Antisocial punishment - punishment of pro-social cooperators - has shown to be detrimental for the efficiency of informal punishment mechanisms in public goods games. The motives behind antisocial punishment acts are not yet well understood. This article shows that inequality aversion predicts antis...
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Format: | UnknownFormat |
Sprache: | eng |
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St. Gallen
School of Economics and Political Science, Dep. of Economics, Univ.
2011
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Schriftenreihe: | Discussion paper / Universität St. Gallen, School of Economics and Political Science, Department of Economics
2011,11 |
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Zusammenfassung: | Antisocial punishment - punishment of pro-social cooperators - has shown to be detrimental for the efficiency of informal punishment mechanisms in public goods games. The motives behind antisocial punishment acts are not yet well understood. This article shows that inequality aversion predicts antisocial punishment in public goods games with punishment. The model by Fehr and Schmidt (1999) allows to derive conditions under which antisocial punishment occurs. With data from three studies on public goods games with punishment I evaluate the predictions. A majority of the observed antisocial punishment acts are not compatible with inequality aversion. These results suggest that the desire to equalize payoffs is not a major determinant of antisocial punishment. Keywords: Antisocial punishment, inequality aversion |
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Beschreibung: | 19 S. |