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Trust and Reciprocity: Implications of Game Triads and Social Contexts

  • James C. Cox

Trust and reciprocity have been observed in experiments with simple stylized games. Such characteristics of social preferences have been observed to vary with procedures that alter the social environment in an experiment, such as single blind or double blind payoff protocols. This paper reports an experiment on the effects of a change in the social context of an experiment on trust and reciprocity. The strong social context introduces a stylized version of a characteristic of everyday life in large cities: a player in one game knows that other games lie ahead but does not know precisely what those games will turn out to be nor with whom they will be played.

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Paper provided by Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University in its series Experimental Economics Center Working Paper Series with number 2007-08.

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Length: 28
Date of creation: Sep 2007
Date of revision: May 2008
Handle: RePEc:exc:wpaper:2007-08
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  1. Cox, James C. & Friedman, Daniel & Gjerstad, Steven, 2007. "A tractable model of reciprocity and fairness," Games and Economic Behavior, Elsevier, vol. 59(1), pages 17-45, April.
  2. Cox, James C. & Friedman, Daniel & Sadiraj, Vjollca, 2009. "Revealed Altruism," Santa Cruz Department of Economics, Working Paper Series qt6rb5t4mc, Department of Economics, UC Santa Cruz.
  3. Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, vol. 10(1), pages 122-142, July.
  4. James Cox & Klarita Sadiraj & Vjollca Sadiraj, 2008. "Implications of trust, fear, and reciprocity for modeling economic behavior," Experimental Economics, Springer, vol. 11(1), pages 1-24, March.
  5. Cox, James C., 2004. "How to identify trust and reciprocity," Games and Economic Behavior, Elsevier, vol. 46(2), pages 260-281, February.
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