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

  • Giorgio Coricelli

    ()

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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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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