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Trust, Fear, Reciprocity, and Altruism: Theory and Experiment

In: Developments on Experimental Economics

Author

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  • James C. Cox

    (Georgia State University)

Abstract

This paper describes central topics in our research program on social preferences. The discussion covers experimental designs that discriminate among alternative components of preferences such as unconditional altruism, positive reciprocity, trust (in positive reciprocity), negative reciprocity, and fear (of negative reciprocity). The paper describes experimental data on effects of social distance and decision context on reciprocal behavior and male vs. female and group vs. individual differences in reciprocity. The exposition includes experimental designs that provide direct tests of alternative models of social preferences and summarizes implications of data for the models. The discussion reviews models of other-regarding preferences that are and are not conditional on others revealed intentions and the implications of data for these models.

Suggested Citation

  • James C. Cox, 2007. "Trust, Fear, Reciprocity, and Altruism: Theory and Experiment," Lecture Notes in Economics and Mathematical Systems, in: Sobei Hidenori Oda (ed.), Developments on Experimental Economics, pages 75-90, Springer.
    • Handle: RePEc:spr:lnechp:978-3-540-68660-6_5
    DOI: 10.1007/978-3-540-68660-6_5
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    Cited by:

    1. MICHAEL R. CARTER & Marco Castillo, 2002. "The Economic Impacts of Altruism, Trust and Reciprocity: An Experimental Approach to Social Capital," Wisconsin-Madison Agricultural and Applied Economics Staff Papers 448, Wisconsin-Madison Agricultural and Applied Economics Department.
    2. Cordero Salas, Paula, 2013. "Cooperation and reciprocity in carbon sequestration contracts," Policy Research Working Paper Series 6521, The World Bank.
    3. José-Luis Godos-Díez & Roberto Fernández-Gago & Laura Cabeza-García, 2019. "How Does Reciprocity Affect Undergraduate Student Orientation towards Stakeholders?," Sustainability, MDPI, vol. 11(21), pages 1-15, October.
    4. Cox, James C. & Friedman, Daniel & Gjerstad, Steven, 2007. "A tractable model of reciprocity and fairness," Games and Economic Behavior, Elsevier, vol. 59(1), pages 17-45, April.
    5. Kanagaretnam, Kiridaran & Mestelman, Stuart & Nainar, S.M. Khalid & Shehata, Mohamed, 2010. "Trust and reciprocity with transparency and repeated interactions," Journal of Business Research, Elsevier, vol. 63(3), pages 241-247, March.
    6. Kiridaran Kanagaretnam & Stuart Mestelman & S. M. Khalid Nainar & Mohamed Shehata, 2012. "Trust and Reciprocity, Empowerment and Transparency," Department of Economics Working Papers 2012-12, McMaster University.
    7. Aurora García-Gallego & Nikolaos Georgantzís & Ainhoa Jaramillo-Gutiérrez, 2015. "Heaven Game," ThE Papers 15/07, Department of Economic Theory and Economic History of the University of Granada..
    8. García-Gallego, Aurora & Georgantzis, Nikolaos & Ruiz-Martos, María J., 2019. "The Heaven Dictator Game: Costless taking or giving," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 82(C).
    9. Werner, Katharina, 2016. "Whom do people trust after a violent conflict? Experimental evidence from Maluku, Indonesia," Passauer Diskussionspapiere, Volkswirtschaftliche Reihe V-73-16, University of Passau, Faculty of Business and Economics.
    10. Griffiths, Barry, 2010. "Identification of Altruism among Team Members: Empirical Evidence from the Classroom and Laboratory," MPRA Paper 62208, University Library of Munich, Germany, revised 13 Feb 2015.

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