On the fragility of third-party punishment: The context effect of a dominated risky investment option

B-Tier
Journal: Journal of Behavioral and Experimental Economics
Year: 2022
Volume: 98
Issue: C

Authors (2)

Im, Changkuk (not in RePEc) Lee, Jinkwon (Sogang University)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Experimental studies regularly show that third-party punishment (TPP) substantially exists in various settings. This study further investigates the robustness of TPP under an environment where context effects are involved. In our experiment, we offer a third party an additional but unattractive risky investment option. We find that, when the dominated investment option irrelevant to prosocial behavior is available, the demand for punishment decreases, whereas the demand for investment increases. These findings support our hypotheses that the seemingly unrelated and dominated investment option may work as a compromise and suggest the fragility of TPP in this setting.

Technical Details

RePEc Handle
repec:eee:soceco:v:98:y:2022:i:c:s2214804322000477
Journal Field
Experimental
Author Count
2
Added to Database
2026-01-25