How Robust is Laboratory Gift Exchange?

Gary Charness, Guillaume Frechette () and John Kagel

University of California at Santa Barbara, Economics Working Paper Series from Department of Economics, UC Santa Barbara

Abstract: The gift-exchange game is a form of sequential prisoner’s dilemma, developed by Fehr, Kirchsteiger, and Riedl (1993), and popularized in a series of papers by Ernst Fehr and co-authors. While the European studies typically feature a high degree of gift exchange, the few U.S. studies provide some conflicting results. We find that the degree of gift exchange is surprisingly sensitive to an apparently innocuous change—whether or not a comprehensive payoff table is provided in the instructions. We also find significant and substantial time trends in responder behavior.

Date: 2002-07-23
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Citations: View citations in EconPapers (4)

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Journal Article: How Robust is Laboratory Gift Exchange? (2004)
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