counseled to lift their de facto prohibition against deception to capture its potential benefits. To the extent that this … discussion of the methodological costs and benefits of deception, we conclude that experimental economists' prohibition of … deception is a sensible convention that economists should not abandon. …

-order’ monitoring can actually facilitate the deception of fully rational consumers, to deter them from otherwise optimal search …

. We use the concept of Sequential Reciprocity Equilibrium developed by Dufwenberg & Kirchsteiger (1998) to incorporate … players’ preferences for reciprocity in their utility function. We model the labor relation through a one shot sequential gift … by reciprocity. Even though intentions act as a catalyst of opportunistic behaviors, the respect of the equity norm makes …

charges for terminating calls, reciprocity eliminates differences between internal and cross-network prices and makes monopoly …

across competing networks. We also discuss the importance of the principles of reciprocity and imputation of interconnection … charges on market equilibria. Reciprocity means that both networks charge the same for interconnection. Imputation means that … of a reciprocity rule eliminates the strategic power of the first mover. Under reciprocity, one network sets the common …

A preference for negative reciprocity is an important part of the human emotional repertoire. We model its role in … sustaining cooperative behavior but highlight an intrinsic free-rider problem: the fitness benefits of negative reciprocity are … reciprocity is a meme consisting of a group norm together with low-powered (and low-cost) group enforcement of the norm. The main …