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This paper shows that reciprocity has powerful implications for many economic domains. It is an important determinant … in the enforcement of contracts and social norms and enhances the possibilities of collective action greatly. Reciprocity …
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This paper shows that reciprocity has powerful implications for many economic domains. It is an important determinant … in the enforcement of contracts and social norms and enhances the possibilities of collective action greatly. Reciprocity … differences. Finally, reciprocity it is also a strong force contributing to the existence of incomplete contracts …
Persistent link: https://www.econbiz.de/10013321166
This paper shows that reciprocity has powerful implications for many economic domains. It is an important determinant … in the enforcement of contracts and social norms and enhances the possibilities of collective action greatly. Reciprocity … differences. Finally, reciprocity it is also a strong force contributing to the existence of incomplete contracts …
Persistent link: https://www.econbiz.de/10014038680
psychological gametheoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which …
Persistent link: https://www.econbiz.de/10010293368
, incentive compatibility, outside options and participation constraints, the Coase theorem, and fairness and reciprocity in …
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