Reciprocity in Gift-Exchange-Games
arXiv:1402.5593
Abstract
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 %. Gift rate was under no conditions zero. Further, we derive some special findings and calculate their significance.
6 pages, 2 figures, 5 tables