In this paper we analyze negative reciprocity theoretically as well as experimentally. Although the reciprocity model of Dufwenberg and Kirchsteiger (2004) is often cited in the literature to justify why people punish unkind behavior, we show that this model is not able to predict punishments in...

This article presents an economic efficiency analysis of solar chimney power plants by calculating their net present value in comparison to that of conventional coal-fired power stations. The derivation of an appropriate discount rate for each technology should take into account the different...

We propose that there are three determinants of sender behavior in trust games: Beliefs re-garding the amounts returned, risk aversion, and reciprocity. Particularly, we are interested in the role of reciprocity because the possibility of negative expected reciprocal utility may lead to...

We explain contributions in public goods games with the help of the reciprocity model of Dufwenberg and Kirchsteiger (2004) by applying some plausible modifications: Most importantly, we assume that subjects overestimate the kindness of their group members. In combination with the finding that...