IDEAS home Printed from https://ideas.repec.org/a/kap/atlecj/v32y2004i4p312-319.html
   My bibliography  Save this article

A theory of reciprocal gifts

Author

Listed:
  • Dipankar Purkayastha

Abstract

Anthropologists and sociologists have long emphasized the concept of generalized reciprocity and symbolic value of gifts. When gifts are given in primitive or modern societies, symbolic meanings of gifts are taken into account and the gift recipients feel obliged to return the favor. In the field of economics, several papers in recent years have emphasized the value of gifts as signaling toools or as expressions of altruism. However, these papers do not address the issue of symbolic value of gifts. This paper discusses how symbolic value of a gift can be determined and how it is related to the concept of generalized reciprocity. A Nash game is used to show how symbolic values may be determined in a model of generalized reciprocal gifts. Copyright International Atlantic Economic Society 2004

Suggested Citation

  • Dipankar Purkayastha, 2004. "A theory of reciprocal gifts," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 32(4), pages 312-319, December.
    • Handle: RePEc:kap:atlecj:v:32:y:2004:i:4:p:312-319
    DOI: 10.1007/BF02304236
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/BF02304236
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/BF02304236?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ernst Fehr & Simon Gächter, 2000. "Fairness and Retaliation: The Economics of Reciprocity," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 159-181, Summer.
    2. Carmichael, H Lorne & MacLeod, W Bentley, 1997. "Gift Giving and the Evolution of Cooperation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 38(3), pages 485-509, August.
    3. Serge-Christophe Kolm, 2000. "The Logic of Good Social Relations," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 71(2), pages 171-189, June.
    4. Mayer, Wolfgang, 1981. "Theoretical Considerations on Negotiated Tariff Adjustments," Oxford Economic Papers, Oxford University Press, vol. 33(1), pages 135-153, March.
    5. Andreoni, James, 1990. "Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving?," Economic Journal, Royal Economic Society, vol. 100(401), pages 464-477, June.
    6. Stark,Oded, 1999. "Altruism and Beyond," Cambridge Books, Cambridge University Press, number 9780521663731, September.
    7. Sugden, Robert, 1984. "Reciprocity: The Supply of Public Goods through Voluntary Contributions," Economic Journal, Royal Economic Society, vol. 94(376), pages 772-787, December.
    8. Jeroen van de Ven, 2002. "The Demand for Social Approval and Status as a Motivation to Give," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(3), pages 464-482, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Platteau, Jean-Philippe & Sekeris, Petros G., 2010. "On the feasibility of power and status ranking in traditional setups," Journal of Comparative Economics, Elsevier, vol. 38(3), pages 267-282, September.
    2. Krishnamurthy, Sandeep & Tripathi, Arvind K., 2009. "Monetary donations to an open source software platform," Research Policy, Elsevier, vol. 38(2), pages 404-414, March.
    3. Kumar, Pradeep & Kant, Shashi, 2016. "Revealed social preferences and joint forest management outcomes," Forest Policy and Economics, Elsevier, vol. 72(C), pages 37-45.
    4. Brekke, Kjell Arne & Kipperberg, Gorm & Nyborg, Karine, 2009. "Reluctant Recyclers: Social Interaction in Responsibility Ascription," Memorandum 16/2007, Oslo University, Department of Economics.
    5. Kirchgässner, Gebhard, 2010. "On minimal morals," European Journal of Political Economy, Elsevier, vol. 26(3), pages 330-339, September.
    6. Frey, Bruno S. & Meier, Stephan, 2004. "Pro-social behavior in a natural setting," Journal of Economic Behavior & Organization, Elsevier, vol. 54(1), pages 65-88, May.
    7. repec:unu:wpaper:wp2012-59 is not listed on IDEAS
    8. Mitrut, Andreea & Nordblom, Katarina, 2007. "Motives for Private Gift Transfers: Theory and Evidence from Romania," Working Papers in Economics 262, University of Gothenburg, Department of Economics, revised 30 Apr 2008.
    9. Peter Katuscak & Tomas Miklanek, 2018. "Do Fixed-Prize Lotteries Crowd Out Public Good Contributions Driven by Social Preferences?," CERGE-EI Working Papers wp617, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    10. Mitrut, Andreea & Nordblom, Katarina, 2010. "Social norms and gift behavior: Theory and evidence from Romania," European Economic Review, Elsevier, vol. 54(8), pages 998-1015, November.
    11. Boudreau, Kevin J. & Jeppesen, Lars Bo & Reichstein, Toke & Rullani, Francesco, 2021. "Crowdfunding as Donations to Entrepreneurial Firms," Research Policy, Elsevier, vol. 50(7).
    12. Mengyuan Zhou, 2022. "Does the Source of Inheritance Matter in Bequest Attitudes? Evidence from Japan," Journal of Family and Economic Issues, Springer, vol. 43(4), pages 867-887, December.
    13. Anne Corcos & Yorgos Rizopoulos, 2011. "Is prosocial behavior egocentric? The “invisible hand” of emotions," Post-Print halshs-01968213, HAL.
    14. Mengyuan Zhou, 2019. "The Effect of the Source of Inheritance on Bequest Attitudes: Evidence from Japan," Keio-IES Discussion Paper Series 2019-018, Institute for Economics Studies, Keio University.
    15. repec:esx:essedp:762 is not listed on IDEAS
    16. Keval Amin & Erica Harris, 2022. "The Effect of Investor Sentiment on Nonprofit Donations," Journal of Business Ethics, Springer, vol. 175(2), pages 427-450, January.
    17. Christiane Bradler & Susanne Neckermann, 2019. "The Magic of the Personal Touch: Field Experimental Evidence on Money and Appreciation as Gifts," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(3), pages 1189-1221, July.
    18. Bruno S. Frey & Stephan Meier, "undated". "Pro-Social Behavior, Reciprocity or Both?," IEW - Working Papers 107, Institute for Empirical Research in Economics - University of Zurich.
    19. Dean Karlan & John A. List, 2007. "Does Price Matter in Charitable Giving? Evidence from a Large-Scale Natural Field Experiment," American Economic Review, American Economic Association, vol. 97(5), pages 1774-1793, December.
    20. Katia Melnik & Jean-Benoît Zimmermann, 2008. "An Economic Approach To Voluntary Association," Working Papers halshs-00347448, HAL.
    21. Armin Falk & Urs Fischbacher & Simon G�chter, "undated". "Living in Two Neighborhoods - Social Interactions in the Lab," IEW - Working Papers 150, Institute for Empirical Research in Economics - University of Zurich.
    22. Nyborg, Karine, 2011. "I don't want to hear about it: Rational ignorance among duty-oriented consumers," Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 263-274, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:atlecj:v:32:y:2004:i:4:p:312-319. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.