systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … reciprocity. Moreover, several theoretical Papers have been written showing that the observed phenomena can be explained in a … insights into the nature of preferences and into the relative performance of competing theories of fairness. The purpose of …

This paper reports the results of experiments designed to isolate the impact of various combinations of the following …

between back-transfers and second- order beliefs of the trustor: While reciprocity models predict a negative correlation … studies investigating the reaction of trustees to their beliefs are due to the fact that reciprocity and guilt-aversion are …

Reciprocity is common in economic and social domains, and it has been widely documented in the laboratory. While … positive and negative reciprocity are observed in investment and ultimatum games, respectively, prior laboratory studies often … delays on reciprocity in the investment and ultimatum games. We manipulate the time delay after second movers have been …

Recently developed models of fairness can explain a wide variety of seemingly contradictory facts. The most … controversial and yet unresolved issue in the modeling of fairness preferences concerns the behavioral relevance of fairness … intentions. Intuitively, fairness intentions seem to play an important role in economic relations, political struggles and legal …