Engelmann, Dirk; Strobel, Martin - In: Games 1 (2010) 4, pp. 459-477
-mover behavior based on inequality aversion are in contrast to reciprocity. We find that inequality aversion explains only few … intuitive notions of reciprocity than by inequality aversion. Extending the model by allowing for alternative reference points … good short-hand for reciprocity is driven by biased design choices. …