Reference Points and Negative Reciprocity in Simple Sequential Games

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Reference Points and Negative Reciprocity in Simple Sequential Games

Author Info

Brandts, J.
Sola, C.

Abstract

We investigate experimentally whether preferences over an outcome depend on what other possible outcomes of the situation under consideration are, i.e. whether choices are "menu dependent". In simple sequential games we analyze whether reactions to a certain benchmark oucome are influenced by changes in the payoffs of another outcome of the game, not attainable at that time, which we call the "reference point".

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Publisher Info
Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 425.98.

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Length: 28 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:aub:autbar:425.98

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Related research
Keywords: EXPERIMENTS ; GAME THEORY;

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior

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Jordi Brandts & Gary Charness, 1999. "Retribution in a Cheap-talk Experiment," Economics Working Papers 437, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
Gary Charness & Matthew Rabin, 1999. "Social Preferences: Some Simple Tests and a New Model," Economics Working Papers 441, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2000. [Downloadable!]
Other versions:
- Gary Charness & Matthew Rabin, 2000. "Social Preferences: Some Simple Tests and a New Model," Econometric Society World Congress 2000 Contributed Papers 1483, Econometric Society. [Downloadable!]
- Gary Charness & Matthew Rabin, 2001. "Social Preferences: Some Simple Tests and a New Model," General Economics and Teaching 0012002, EconWPA. [Downloadable!]
- Gary Charness & Matthew Rabin, 2000. "Social Preferences: Some Simple Tests and a New Model," Department of Economics, Working Paper Series 1030, Department of Economics, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
- Gary Charness and Matthew Rabin., 2000. "Social Preferences: Some Simple Tests and a New Model," Economics Working Papers E00-283, University of California at Berkeley. [Downloadable!]
Armin Falk & Ernst Fehr & Urs Fischbacher, . "On the Nature of Fair Behavior," IEW - Working Papers iewwp017, Institute for Empirical Research in Economics - IEW. [Downloadable!]
Other versions:
- Falk, Armin & Fehr, Ernst & Fischbacher, Urs, 2001. "On the Nature of Fair Behaviour," CEPR Discussion Papers 2984, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
- Armin Falk & Ernst Fehr & Urs Fischbacher, 2003. "On the Nature of Fair Behavior," Economic Inquiry, Oxford University Press, vol. 41(1), pages 20-26, January.
Antonio Cabrales & Gary Charness, 2008. "Optimal Contracts with Team Production and Hidden Information: An Experiment," University of California at Santa Barbara, Economics Working Paper Series 11-03, Department of Economics, UC Santa Barbara. [Downloadable!]
Other versions:
- Gary Charness & Antonio Cabrales, 2008. "Optimal Contracts With Team Production And Hidden Information: An Experiment," University of California at Santa Barbara, Economics Working Paper Series 12-08, Department of Economics, UC Santa Barbara. [Downloadable!]
Jordi Brandts & Gary Charness, 2000. "Do Market Conditions Affect Preferences? Evidence from Experimental Markets with Excess Supply and Excess Demand," Economics Working Papers 491, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
Gary Charness & Matthew Rabin, 2003. "Understanding Social Preferences with Simple Tests," General Economics and Teaching 0303002, EconWPA. [Downloadable!]
Other versions:
- Gary Charness & Matthew Rabin, 2001. "Understanding Social Preferences With Simple Tests," University of California at Santa Barbara, Economics Working Paper Series 21-01, Department of Economics, UC Santa Barbara. [Downloadable!]
- Gary Charness & Matthew Rabin, 2002. "Understanding Social Preferences with Simple Tests," Department of Economics, Working Paper Series 1042, Department of Economics, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
- Gary Charness & Matthew Rabin, 2002. "Understanding Social Preferences With Simple Tests," The Quarterly Journal of Economics, MIT Press, vol. 117(3), pages 817-869, August. [Downloadable!] (restricted)
Jordi Brandts & Gary Charnes, . "Retribution In A Cheap-Talk Experiment," UFAE and IAE Working Papers 454.00, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
Jordi Brandts & Gary Charness, 2000. "Hot vs. Cold: Sequential Responses and Preference Stability in Experimental Games," Experimental Economics, Springer, vol. 2(3), pages 227-238, March. [Downloadable!] (restricted)
Other versions:
- Jordi Brandts & Gary Charness, 1998. "Hot vs. Cold: Sequential Responses and Preference Stability in Experimental Games," Economics Working Papers 321, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
- Gary Charness & Jordi Brandts, 1998. "Hot vs. Cold: Sequential Responses and Preference Stability in Experimental Games," University of California at Santa Barbara, Economics Working Paper Series 36-98, Department of Economics, UC Santa Barbara. [Downloadable!]
- Brandts, J. & Charness, G., 1998. "Hot Vs. Cold: Sequential Responses and Preference Stability in Experimental Games," UFAE and IAE Working Papers 424.98, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).

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