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This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
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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. …
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This paper studies the evolution of both characteristics of reciprocity - the willingness to reward friendly behavior …
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