Reciprocity in Gift-Exchange-Games

Fuente: arXiv
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Hauptverfasser: Tagiew, Rustam, Ignatov, Dmitry I.
Format: Preprint
Veröffentlicht: 2014
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author Tagiew, Rustam
Ignatov, Dmitry I.
author_facet Tagiew, Rustam
Ignatov, Dmitry I.
contents This paper presents an analysis of data from a gift-exchange-game experiment. The experiment was described in `The Impact of Social Comparisons on Reciprocity' by Gächter et al. 2012. Since this paper uses state-of-art data science techniques, the results provide a different point of view on the problem. 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 special findings and calculate their significance.
format Preprint
id arxiv_https___arxiv_org_abs_1402_5593
institution arXiv
publishDate 2014
record_format arxiv
spellingShingle Reciprocity in Gift-Exchange-Games
Tagiew, Rustam
Ignatov, Dmitry I.
Artificial Intelligence
This paper presents an analysis of data from a gift-exchange-game experiment. The experiment was described in `The Impact of Social Comparisons on Reciprocity' by Gächter et al. 2012. Since this paper uses state-of-art data science techniques, the results provide a different point of view on the problem. 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 special findings and calculate their significance.
title Reciprocity in Gift-Exchange-Games
topic Artificial Intelligence
url https://arxiv.org/abs/1402.5593