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Trust and Reciprocity: Implications of Game Triads and Social Contexts

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  • James C. Cox

Abstract

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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  • James C. Cox, 2007. "Trust and Reciprocity: Implications of Game Triads and Social Contexts," Experimental Economics Center Working Paper Series 2007-08, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University, revised May 2008.
    • Handle: RePEc:exc:wpaper:2007-08
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    File URL: http://excen.gsu.edu/workingpapers/GSU_EXCEN_WP_2007-08.pdf
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    File URL: http://excen.gsu.edu/workingpapers/GSU_EXCEN_WP_2008-08.pdf
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    References listed on IDEAS

    as
    1. James C. Cox & Daniel Friedman & Vjollca Sadiraj, 2008. "Revealed Altruism," Econometrica, Econometric Society, vol. 76(1), pages 31-69, January.
    2. Cox, James C., 2004. "How to identify trust and reciprocity," Games and Economic Behavior, Elsevier, vol. 46(2), pages 260-281, February.
    3. 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.
    4. James Cox & Klarita Sadiraj & Vjollca Sadiraj, 2008. "Implications of trust, fear, and reciprocity for modeling economic behavior," Experimental Economics, Springer;Economic Science Association, vol. 11(1), pages 1-24, March.
    5. 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.
    6. M.A. Nowak & K. Sigmund, 1998. "Evolution of Indirect Reciprocity by Image Scoring/ The Dynamics of Indirect Reciprocity," Working Papers ir98040, International Institute for Applied Systems Analysis.
    7. Friedman, Daniel & Sadiraj, Vjollca & Cox, James C., 2008. "Revealed altruism," Santa Cruz Department of Economics, Working Paper Series qt9jr3v93s, Department of Economics, UC Santa Cruz.
    8. Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, vol. 10(1), pages 122-142, July.
    Full references (including those not matched with items on IDEAS)

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