Dufwenberg, M.; Kirchsteiger, G. - Tilburg University, Center for Economic Research - 1998
Many experimental studies indicate that people are motivated by reciprocity. Rabin (1993) develops techniques for … reciprocity for extensive games in which the sequential structure of a strategic situation is made explicit. We propose a new … solution concept— sequential reciprocity equilibrium—which is applicable to extensive games, and we prove a general equilibrium …