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in which reciprocity yields privately and socially optimal levels of cooperation, this paper identifies the conditions … under which reciprocity generates inefficient cooperation. Two groups of cases are presented. In one group reciprocity …Reciprocity constraints facilitate the achievement of cooperative outcomes in many game-theoretic settings. Yet, in …
Persistent link: https://www.econbiz.de/10014088612
A 2-round negotiation study provided evidence that positive feelings resulting from one negotiation can be economically rewarding in a second negotiation. Negotiators experiencing greater subjective value (SV) - that is, social, perceptual, and emotional outcomes from a negotiation - in Round 1...
Persistent link: https://www.econbiz.de/10003948731
Persistent link: https://www.econbiz.de/10010371081
This paper surveys recent experimental and field evidence on the impact of concerns for fairness, reciprocity and … altruism on economic decision making. It also reviews some new theoretical attempts to model the observed behavior. …
Persistent link: https://www.econbiz.de/10010440439
reciprocity. Moreover, several theoretical papers have been written showing that the observed phenomena can be explained in a …
Persistent link: https://www.econbiz.de/10011397676
refutes the self-interest hypothesis, suggesting that concerns for altruism, fairness, and reciprocity strongly motivate many … neuroeconomic evidence that is consistent with the view that many people have a taste for mutual cooperation and the punishment of … norm violators. We further illustrate the powerful impact of fairness concerns on cooperation, competition, incentives, and …
Persistent link: https://www.econbiz.de/10014023675
This paper provides an argument for the advantage of a preference for identity-consistent behaviour from an evolutionary point of view. Within a stylised model of social interaction, we show that the development of cooperative social norms is greatly facilitated if the agents of the society...
Persistent link: https://www.econbiz.de/10010366516
. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in … reciprocity only if it is viewed as maladaptive behavior whereas the evidence suggests that it is an adaptive trait. Thus, we …In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans …
Persistent link: https://www.econbiz.de/10011514175
. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in … reciprocity only if it is viewed as maladaptive behavior whereas the evidence suggests that it is an adaptive trait. Thus, we …In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans …
Persistent link: https://www.econbiz.de/10001737652
(norm obedient) cooperation inside the lab -- even if social connotations are reduced to a minimum and cooperative behaviour … behavioural patterns in repeated interaction. Thus, adding to earlier arguments which explain such cooperation, for example, by …
Persistent link: https://www.econbiz.de/10014062970