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Sequence Matters: an Experimental Study of the Effects of Experiencing Positive and Negative Reciprocity

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  • Giorgio Coricelli

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Abstract

This paper presents an experimental analysis of people’s behavior in situations involving both positive and negative reciprocity. The experiment implements sequences of two types of extensive form games called Punishment games and Trust games. The contemporaneous use of these two types of games allows us to define an ideal framework for understanding the basic elements of reciprocal behavior. Results show that the level of trust and punishment are consistent with the view that emotions are involved

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Bibliographic Info

Paper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 369.

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Date of creation: Nov 2002
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Handle: RePEc:usi:wpaper:369

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Keywords: Reciprocity; trust; intentions; emotions; experiments J.E.L. Classification: D63; C78; C91;

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References

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  1. Matthew Rabin., 1992. "Incorporating Fairness into Game Theory and Economics," Economics Working Papers 92-199, University of California at Berkeley.
  2. Samuel Bowles & Herbert Gintis, 2000. "The Evolution of Strong Reciprocity," UMASS Amherst Economics Working Papers 2000-05, University of Massachusetts Amherst, Department of Economics.
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Cited by:
  1. Ernesto Reuben & Frans van Winden, 2006. "Negative Reciprocity and the Interaction of Emotions and Fairness Norms," CESifo Working Paper Series 1685, CESifo Group Munich.
  2. Dürsch, Peter & Servátka, Maros, 2007. "Risky Punishment and Reward in the Prisoner," Sonderforschungsbereich 504 Publications 07-62, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.

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