Sequence Matters: an Experimental Study of the Effects of Experiencing Positive and Negative Reciprocity

Giorgio Coricelli ()

Department of Economics University of Siena from Department of Economics, University of Siena

Abstract: This paper presents an experimental analysis of people’s behavior in situations involving both positive and negative reciprocity. The experiment implements sequences of two types of extensive form games called Punishment games and Trust games. The contemporaneous use of these two types of games allows us to define an ideal framework for understanding the basic elements of reciprocal behavior. Results show that the level of trust and punishment are consistent with the view that emotions are involved

Keywords: Reciprocity; trust; intentions; emotions; experiments J.E.L. Classification: D63; C78; C91 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe
Date: 2002-11
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Persistent link: http://EconPapers.repec.org/RePEc:usi:wpaper:369

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