Intrinsic and instrumental reciprocity: An experimental study

Luis Cabral, Erkut Y. Ozbay, Andrew Schotter

    Research output: Contribution to journalArticle

    Abstract

    In the context of an indefinitely repeated veto game, we devise an experiment to distinguish between alternative explanations of generous behavior (accepting negative payoffs): altruism, intrinsic backward-looking reciprocity, and instrumental forward-looking reciprocity. Our results are broadly consistent with the hypothesis that observed sacrifices are motivated by equilibrium selfish, forward-looking reciprocal behavior although we find a more subtle way in which past kindness affects behavior.

    Original languageEnglish (US)
    Pages (from-to)100-121
    Number of pages22
    JournalGames and Economic Behavior
    Volume87
    DOIs
    StatePublished - 2014

    Fingerprint

    Intrinsic
    Experimental study
    Altruism
    Forward-looking behavior
    Veto
    Experiment

    Keywords

    • Indefinitely repeated games
    • Reciprocity
    • Veto game

    ASJC Scopus subject areas

    • Economics and Econometrics
    • Finance

    Cite this

    Intrinsic and instrumental reciprocity : An experimental study. / Cabral, Luis; Ozbay, Erkut Y.; Schotter, Andrew.

    In: Games and Economic Behavior, Vol. 87, 2014, p. 100-121.

    Research output: Contribution to journalArticle

    Cabral, Luis ; Ozbay, Erkut Y. ; Schotter, Andrew. / Intrinsic and instrumental reciprocity : An experimental study. In: Games and Economic Behavior. 2014 ; Vol. 87. pp. 100-121.
    @article{214d8548156b461cab102778c7dde70a,
    title = "Intrinsic and instrumental reciprocity: An experimental study",
    abstract = "In the context of an indefinitely repeated veto game, we devise an experiment to distinguish between alternative explanations of generous behavior (accepting negative payoffs): altruism, intrinsic backward-looking reciprocity, and instrumental forward-looking reciprocity. Our results are broadly consistent with the hypothesis that observed sacrifices are motivated by equilibrium selfish, forward-looking reciprocal behavior although we find a more subtle way in which past kindness affects behavior.",
    keywords = "Indefinitely repeated games, Reciprocity, Veto game",
    author = "Luis Cabral and Ozbay, {Erkut Y.} and Andrew Schotter",
    year = "2014",
    doi = "10.1016/j.geb.2014.05.001",
    language = "English (US)",
    volume = "87",
    pages = "100--121",
    journal = "Games and Economic Behavior",
    issn = "0899-8256",
    publisher = "Academic Press Inc.",

    }

    TY - JOUR

    T1 - Intrinsic and instrumental reciprocity

    T2 - An experimental study

    AU - Cabral, Luis

    AU - Ozbay, Erkut Y.

    AU - Schotter, Andrew

    PY - 2014

    Y1 - 2014

    N2 - In the context of an indefinitely repeated veto game, we devise an experiment to distinguish between alternative explanations of generous behavior (accepting negative payoffs): altruism, intrinsic backward-looking reciprocity, and instrumental forward-looking reciprocity. Our results are broadly consistent with the hypothesis that observed sacrifices are motivated by equilibrium selfish, forward-looking reciprocal behavior although we find a more subtle way in which past kindness affects behavior.

    AB - In the context of an indefinitely repeated veto game, we devise an experiment to distinguish between alternative explanations of generous behavior (accepting negative payoffs): altruism, intrinsic backward-looking reciprocity, and instrumental forward-looking reciprocity. Our results are broadly consistent with the hypothesis that observed sacrifices are motivated by equilibrium selfish, forward-looking reciprocal behavior although we find a more subtle way in which past kindness affects behavior.

    KW - Indefinitely repeated games

    KW - Reciprocity

    KW - Veto game

    UR - http://www.scopus.com/inward/record.url?scp=84901466578&partnerID=8YFLogxK

    UR - http://www.scopus.com/inward/citedby.url?scp=84901466578&partnerID=8YFLogxK

    U2 - 10.1016/j.geb.2014.05.001

    DO - 10.1016/j.geb.2014.05.001

    M3 - Article

    AN - SCOPUS:84901466578

    VL - 87

    SP - 100

    EP - 121

    JO - Games and Economic Behavior

    JF - Games and Economic Behavior

    SN - 0899-8256

    ER -