Implications of trust, fear, and reciprocity for modeling economic behavior
This paper reports three experiments with triadic or dyadic designs. The experiments include the moonlighting game in which first-mover actions can elicit positively or negatively reciprocal reactions from second movers. First movers can be motivated by trust in positive reciprocity or fear of negat...
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Published in | Experimental economics : a journal of the Economic Science Association Vol. 11; no. 1; pp. 1 - 24 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Boston
Springer US
01.03.2008
Springer Springer Nature B.V |
Series | Experimental Economics |
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Abstract | This paper reports three experiments with triadic or dyadic designs. The experiments include the moonlighting game in which first-mover actions can elicit positively or negatively reciprocal reactions from second movers. First movers can be motivated by trust in positive reciprocity or fear of negative reciprocity, in addition to unconditional other-regarding preferences. Second movers can be motivated by unconditional other-regarding preferences as well as positive or negative reciprocity. The experimental designs include control treatments that discriminate among actions with alternative motivations. Data from our three experiments and a fourth one are used to explore methodological questions, including the effects on behavioral hypothesis tests of within-subjects vs. across-subjects designs, single-blind vs. double-blind payoffs, random vs. dictator first-mover control treatments, and strategy responses vs. sequential play. |
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AbstractList | This paper reports three experiments with triadic or dyadic designs. The experiments include the moonlighting game in which first-mover actions can elicit positively or negatively reciprocal reactions from second movers. First movers can be motivated by trust in positive reciprocity or fear of negative reciprocity, in addition to unconditional other-regarding preferences. Second movers can be motivated by unconditional other-regarding preferences as well as positive or negative reciprocity. The experimental designs include control treatments that discriminate among actions with alternative motivations. Data from our three experiments and a fourth one are used to explore methodological questions, including the effects on behavioral hypothesis tests of within-subjects vs. across-subjects designs, single-blind vs. double-blind payoffs, random vs. dictator first-mover control treatments, and strategy responses vs. sequential play. This paper reports three experiments with triadic or dyadic designs. The experiments include the moonlighting game in which first-mover actions can elicit positively or negatively reciprocal reactions from second movers. First movers can be motivated by trust in positive reciprocity or fear of negative reciprocity, in addition to unconditional other-regarding preferences. Second movers can be motivated by unconditional other-regarding preferences as well as positive or negative reciprocity. The experimental designs include control treatments that discriminate among actions with alternative motivations. Data from our three experiments and a fourth one are used to explore methodological questions, including the effects on behavioral hypothesis tests of within-subjects vs. across-subjects designs, single-blind vs. double-blind payoffs, random vs. dictator first-mover control treatments, and strategy responses vs. sequential play. Reprinted by permission of Springer This paper reports three experiments with triadic or dyadic designs. The experiments include the moonlighting game in which first-mover actions can elicit positively or negatively reciprocal reactions from second movers. First movers can be motivated by trust in positive reciprocity or fear of negative reciprocity, in addition to unconditional other-regarding preferences. Second movers can be motivated by unconditional other-regarding preferences as well as positive or negative reciprocity. The experimental designs include control treatments that discriminate among actions with alternative motivations. Data from our three experiments and a fourth one are used to explore methodological questions, including the effects on behavioral hypothesis tests of within-subjects vs. across-subjects designs, single-blind vs. double-blind payoffs, random vs. dictator first-mover control treatments, and strategy responses vs. sequential play. [PUBLICATION ABSTRACT] |
Author | Sadiraj, Vjollca Cox, James C. Sadiraj, Klarita |
Author_xml | – sequence: 1 givenname: James C. surname: Cox fullname: Cox, James C. email: jccox@gsu.edu organization: Department of Economics and Experimental Economics Center (ExCen), Andrew Young School of Policy Studies, Georgia State University – sequence: 2 givenname: Klarita surname: Sadiraj fullname: Sadiraj, Klarita organization: Social and Cultural Planning Office of The Netherlands (SCP) – sequence: 3 givenname: Vjollca surname: Sadiraj fullname: Sadiraj, Vjollca organization: Department of Economics and Experimental Economics Center (ExCen), Andrew Young School of Policy Studies, Georgia State University |
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Cites_doi | 10.1006/game.1995.1027 10.1257/aer.90.1.166 10.1086/383111 10.1162/003355302760193904 10.1016/S0167-2681(03)00003-9 10.1162/003355399556151 10.1257/0022051054661530 10.1016/S0014-2921(01)00176-3 10.1016/j.geb.2003.06.003 10.1111/1468-0262.00302 10.1016/S0899-8256(03)00119-2 10.1016/S0176-2680(99)00046-4 10.1006/obhd.1995.1068 10.1016/S0167-2681(00)00089-5 10.1006/redy.1998.0023 10.1093/ei/cbj042 10.1093/ei/cbi043 10.2139/ssrn.976030 10.1023/A:1009951108693 10.1007/978-1-4757-5196-3_14 |
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SubjectTerms | American dollar Behavioral/Experimental Economics Design Economic behaviour Economic models Economic psychology Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Endowment Experimental economics Experiments Fear Game Theory Games Hypothesis testing Impact analysis Methodology Microeconomics Moonlighting Operations Research/Decision Theory Parsimony Reciprocity Social and Behav. Sciences Studies Theory Trust |
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Title | Implications of trust, fear, and reciprocity for modeling economic behavior |
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