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Games that appear to be independent, involving none of the same players, may be related by emotions of reciprocity … Kirchsteiger’s model of sequential reciprocity (Games Econ Behav 47(2):268–298, 2004) to groups of individuals and define a new … “sequential group reciprocity equilibrium” for which we prove its existence. We study the case of two games with two players in …
Persistent link: https://www.econbiz.de/10011885713
We study individuals who can choose how to compete with an opponent for one nonzero payoff. They can either nudge themselves into a fair set of rules where they have the same information and actions as their opponent, or into unfair rules where they spy, sabotage or fabricate their opponent's...
Persistent link: https://www.econbiz.de/10011342449
Do individuals prefer to compete fairly, or unfairly with an opponent? We study individuals who can choose how to compete for one ex-post nonzero payoff. They can either nudge themselves into a fair set of rules where they have the same information and actions as their opponent, or into unfair...
Persistent link: https://www.econbiz.de/10011349331
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Do individuals prefer to compete fairly, or unfairly with an opponent? We study individuals who can choose how to compete for one ex-post nonzero payoff. They can either nudge themselves into a fair set of rules where they have the same information and actions as their opponent, or into unfair...
Persistent link: https://www.econbiz.de/10011492064
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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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