Reciprocity with stochastic loss
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Springer
2023
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| Online Access: | https://link.springer.com/article/10.1007/s40881-023-00129-3 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7733 |
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oai:localhost:PNK-77332023-04-11T01:46:12Z Reciprocity with stochastic loss Nathan W., Chan Leonard, Wolk intentions affects reciprocity other two treatments, information about whether a loss occurred is hidden, and the respondent is only informed of the amount received (outcome) or the amount initially sent (intention). Using both regression-based approaches and non-parametric tests CC BY We introduce stochastic loss into a gift exchange game to study how information on intentions affects reciprocity. In one treatment, the respondent observes the amount received and whether a loss occurred, so both the consequential outcome and the sender’s original intention are known. In the other two treatments, information about whether a loss occurred is hidden, and the respondent is only informed of the amount received (outcome) or the amount initially sent (intention). Using both regression-based approaches and non-parametric tests, we find greater reciprocity in the two treatments that reveal intentions. These differences arise even in a simple one-shot setting without reputational benefits and are economically meaningful; they are similar in magnitude to the difference attributable to a full point reduction in the amount received. Our findings show the impact of the information environment on reciprocity in settings with uncertainty and suggest that transparency is important to reciprocity. 2023-04-11T01:46:12Z 2023-04-11T01:46:12Z 2023 Book https://link.springer.com/article/10.1007/s40881-023-00129-3 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7733 en application/pdf Springer |
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Digital Phenikaa |
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Digital Phenikaa |
| language |
English |
| topic |
intentions affects reciprocity other two treatments, information about whether a loss occurred is hidden, and the respondent is only informed of the amount received (outcome) or the amount initially sent (intention). Using both regression-based approaches and non-parametric tests |
| spellingShingle |
intentions affects reciprocity other two treatments, information about whether a loss occurred is hidden, and the respondent is only informed of the amount received (outcome) or the amount initially sent (intention). Using both regression-based approaches and non-parametric tests Nathan W., Chan Leonard, Wolk Reciprocity with stochastic loss |
| description |
CC BY |
| format |
Book |
| author |
Nathan W., Chan Leonard, Wolk |
| author_facet |
Nathan W., Chan Leonard, Wolk |
| author_sort |
Nathan W., Chan |
| title |
Reciprocity with stochastic loss |
| title_short |
Reciprocity with stochastic loss |
| title_full |
Reciprocity with stochastic loss |
| title_fullStr |
Reciprocity with stochastic loss |
| title_full_unstemmed |
Reciprocity with stochastic loss |
| title_sort |
reciprocity with stochastic loss |
| publisher |
Springer |
| publishDate |
2023 |
| url |
https://link.springer.com/article/10.1007/s40881-023-00129-3 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7733 |
| _version_ |
1762909081793724416 |
| score |
8.891145 |