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Intention-based economic theories of reciprocity

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Darwin Cortes ()

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Abstract

Recientemente, varios experimentos han mostrado que los individuos exhiben un comportamiento auténticamente recíproco en interacciones anónimas que se dan una sola vez ('one-shot'). En tanto que se ha mostrado que la reciprocidad es relevante en múltiples campos de la economía, han existido varios intentos por modelar el comportamiento recíproco. Este documento revisa los modelos de reciprocidad que se fundamentan en las intenciones y presenta un ejemplo para el caso del manejo de los profesores en el sector público, en el que el gobierno ofrece un esquema de incentivos para la implementación de un programa. Este esquema tiene la estructura del dilema del prisionero. Tanto en los juegos simultáneos como secuenciales, los resultados de equilibrio puede ser distintos a los que predice la teoría convencional. ************************************************************************ In recent years, several experiments have shown that individuals exhibit authentic reciprocal behavior in anonymous one-shot interactions. As reciprocity has been shown to be relevant in several economic fields, there have also been several attempts to model reciprocical behavior. I review the intention-based models of reciprocity and present an example in teachers´ management in the public sector in which a government offers an incentive scheme to implement a program. The incentive scheme has the prisioner’s dilemma structure, In both simultaneous and sequential games, in equilibrium reciprocal teachers may reach other equilibria different from those predicted by the standard theory.

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Paper provided by UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA in its series BORRADORES DE INVESTIGACIÓN with number 002904.

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Length: 26
Date of creation: 01 Jun 2002
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Handle: RePEc:col:000091:002904

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References listed on IDEAS
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  1. Ernst Fehr & Simon Gaechter, . "Fairness and Retaliation: The Economics of Reciprocitys," IEW - Working Papers iewwp040, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  2. Akerlof, George A, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, MIT Press, vol. 97(4), pages 543-69, November. [Downloadable!] (restricted)
  3. Geanakoplos, John & Pearce, David & Stacchetti, Ennio, 1989. "Psychological games and sequential rationality," Games and Economic Behavior, Elsevier, vol. 1(1), pages 60-79, March. [Downloadable!] (restricted)
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