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Aversion to norm-breaking: A model

  • López-Pérez, Raúl

In experimental games, we observe the following phenomena: (1) many subjects cooperate contrary to their material interest, (2) they cooperate in a reciprocal manner, (3) subjects often punish those others who behave unkindly, and (4) previous history usually influences subjects' choices. We propose a simple game-theoretical model to account for these and other experimental phenomena, and compare it with other models of social preferences and reciprocity.

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Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 64 (2008)
Issue (Month): 1 (September)
Pages: 237-267

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Handle: RePEc:eee:gamebe:v:64:y:2008:i:1:p:237-267
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622836

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