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This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
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This paper reports an experiment which compares behaviour in two punishment regimes: (i) a standard public goods game with punishment in which subjects are given the opportunity to punish other group members (democratic punishment regime) and (ii) a public goods game environment where all group...
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Reciprocal cooperation can be studied in the Centipede game, in which two players alternate in choosing between a … investigated cooperation in four Centipede games differing in their payoffs at the game's end (positive versus zero) and payoff … high payoff inequality were found to reduce cooperation significantly. Contrary to previous predictions, combining these …
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