We examine in detail the circumstances under which reciprocity, as defined in Bagwell and Staiger (1999), leads to … fixed world prices. We show that a change of tariffs satisfying reciprocity does not necessarily imply constant world prices … reciprocity and constant world prices, these reforms do not follow from the reciprocity condition, but rather from the requirement …

By incorporating reciprocity in an otherwise standard principal-agent model, I investigate the relation between …

of reciprocity and repeated game incentives in two treatments (one-shot and repeated) of a gift-exchange game. In both … treatments we observe reciprocity, which is strengthened in the repeated game. A detailed analysis shows that in the repeated … game some subjects imitate reciprocity. Thus, reciprocity and repeated game incentives reinforce each other. Observed …

This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …

organizational structure impacts the effectiveness of reciprocity and to derive specific empirical predictions. We use the UK …

Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly …-reported anger highlights the importance of using both techniques for studying reciprocity. …