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The Gift and the Centipede

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  • Egbert, Henrik

Abstract

This paper addresses the similarity between behavioural economics and social anthropology with respect to approaches on repeated reciprocity. The case at hand is the application of the Centipede game to Marcel Mauss’s concept of the Gift. In a Centipede game players interact in an alternating sequence of decisions to take or to pass an endowment. Mauss describes sequences of reciprocal giving in potlatch cultures, in which strict obligations determine choice options. The paper shows that models developed in behavioural economics, such as the Centipede game, can also be applied to prominent contexts in economic anthropology.

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  • Egbert, Henrik, 2017. "The Gift and the Centipede," MPRA Paper 80324, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:80324
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    References listed on IDEAS

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    7. McKelvey, Richard D & Palfrey, Thomas R, 1992. "An Experimental Study of the Centipede Game," Econometrica, Econometric Society, vol. 60(4), pages 803-836, July.
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    10. Hann, Chris, 2006. "The Gift and Reciprocity: Perspectives from Economic Anthropology," Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 4, pages 207-223, Elsevier.
    11. Egbert, Henrik, 2017. "The Gift and Pay-What-You-Want Pricing," MPRA Paper 82066, University Library of Munich, Germany.
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    1. Egbert, Henrik, 2017. "The Gift and Pay-What-You-Want Pricing," MPRA Paper 82066, University Library of Munich, Germany.

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    More about this item

    Keywords

    Gift; Centipede game; Potlatch game; Marcel Mauss; reciprocity;
    All these keywords.

    JEL classification:

    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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