Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072890 | Games and Economic Behavior | 2008 | 31 Pages |
Abstract
In experimental games, we observe the following phenomena: (1) many subjects cooperate contrary to their material interest, (2) they cooperate in a reciprocal manner, (3) subjects often punish those others who behave unkindly, and (4) previous history usually influences subjects' choices. We propose a simple game-theoretical model to account for these and other experimental phenomena, and compare it with other models of social preferences and reciprocity.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Raúl López-Pérez,