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| Main Authors: | , |
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| Format: | Preprint |
| Published: |
2014
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| Subjects: | |
| Online Access: | https://arxiv.org/abs/1402.5593 |
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Table of 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.