Gift Ratios in Laboratory Experiments
Rustam Tagiew and
Dmitry Ignatov ()
MPRA Paper from University Library of Munich, Germany
This paper presents statistics of a controlled laboratory gift-exchange-game experiment. These numbers can be used for assumptions about human behavior in analysis of noisy web data. The experiment was described in ‘The Impact of Social Comparisons on Reciprocity’ by Gächter et al. 2012. As already shown in relevant literature from experimental economics, human decisions deviate from rational payoff maximization. The average gift rate was 31%. Gift rate was under no conditions zero. Further, we derive some additional findings and calculate their significance.
Keywords: experimental economics; machine learning (search for similar items in EconPapers)
JEL-codes: C10 D03 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe and nep-exp
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Published in CEAR-WS urn:nbn:de:0074-1627-1.1627(2016): pp. 82-93
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:77603
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