Does attachment to money affect reciprocity behaviour?

Merav Malcman, Mosi Rosenboim () and Tal Shavit ()

Applied Economics Letters, 2015, vol. 22, issue 4, 251-254

Abstract: In this study, we test experimentally how a player who must decide how much money to transfer back in a trust game is affected by the experiment's monetary incentive. We find that positive reciprocity or altruism in a trust game is affected by the player's attachment to the money he received. We also argue that in a trust game played with virtual money, the players are affected by their willingness to punish the other player, consistent with the 'altruistic punishment' hypothesis.

Date: 2015
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DOI: 10.1080/13504851.2014.937028

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