How to identify trust and reciprocity
成果类型:
Article
署名作者:
Cox, JC
署名单位:
University of Arizona
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/S0899-8256(03)00119-2
发表日期:
2004
页码:
260-281
关键词:
Experimental economics
game theory
trust
RECIPROCITY
altruism
摘要:
This paper uses a three-games (or triadic) design to identify trusting and reciprocating behavior. A large literature on single-game trust and reciprocity experiments is based on the implicit assumption that subjects do not have altruistic or inequality-averse other-regarding preferences. Such experimental designs test compound hypotheses that include the hypothesis that other-regarding preferences do not affect behavior. In contrast, experiments with the triadic design do discriminate between transfers resulting from trust or reciprocity and transfers resulting from other-regarding preferences that are not conditional on the behavior of others. Decomposing trust from altruism and reciprocity from altruism or inequality aversion is critical to obtaining empirical information that can guide the process of constructing models that can increase the empirical validity of game theory. (C) 2003 Elsevier Inc. All rights reserved.