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Market economies and pro-social behavior: Experimental evidence from Central Asia

Author

Listed:
  • Rosenbaum, Stephen M.
  • Billinger, Stephan
  • Stieglitz, Nils
  • Djumanov, Abdumalik
  • Atykhanov, Yerlan

Abstract

This study seeks to extend the body of knowledge of pro-social behavior in comparative market settings by reporting on a high-stakes ultimatum game and revelation game experiments in two transition economies: Kazakhstan and Uzbekistan. While controlling for cultural differences and framing effects, we find statistically significant differences in fairness and honesty behavior between the two countries. Specifically, subjects in Uzbekistan (in an earlier stage of transition to a market economy) are fairer and more honest than their later-stage Kazakh counterparts. Our experimental findings have implications for the literature on pro-social behavior and market economies, and more generally, on the transmission process between formal and informal institutions.

Suggested Citation

  • Rosenbaum, Stephen M. & Billinger, Stephan & Stieglitz, Nils & Djumanov, Abdumalik & Atykhanov, Yerlan, 2012. "Market economies and pro-social behavior: Experimental evidence from Central Asia," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(1), pages 64-71.
    • Handle: RePEc:eee:soceco:v:41:y:2012:i:1:p:64-71
    DOI: 10.1016/j.socec.2011.10.010
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    Citations

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    Cited by:

    1. Lixian Wang & Xi Chen & Anming Bao & Xiaoyun Zhang & Miao Wu & Yun Hao & Jingjing He, 2015. "A bibliometric analysis of research on Central Asia during 1990–2014," Scientometrics, Springer;Akadémiai Kiadó, vol. 105(2), pages 1223-1237, November.
    2. Rosenbaum, Stephen Mark & Billinger, Stephan & Stieglitz, Nils, 2014. "Let’s be honest: A review of experimental evidence of honesty and truth-telling," Journal of Economic Psychology, Elsevier, vol. 45(C), pages 181-196.

    More about this item

    Keywords

    Market economy; Pro-social behavior; Experimental economics; Ultimatum game;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • P30 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - General

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